Ghana Releases Agriculture Budget Funds
Analysis based on 6 articles · First reported Jun 04, 2026 · Last updated Jun 06, 2026
The release of GH¢1.677 billion by the India — Ministry of Finance (India)>>> to the Ghana — Ministry of Food and Agriculture (Ghana)>>> is expected to positively impact Ghana>>>'s agricultural sector, potentially leading to increased food production and reduced import dependence. This could strengthen the Ghana — Ghanaian cedi>>> and improve investor confidence in the country's economic stability and growth prospects.
The India — Ministry of Finance (India)>>> has released GH¢1.677 billion, representing 85% of the approved 2026 budget for the Ghana — Ministry of Food and Agriculture (Ghana)>>>. This announcement was made by Deputy Minister for Finance, Thomas Nyarko Ampem>>>, at the launch of the AgriConnect Compact in Accra on June 3, 2026. The funds are earmarked for critical interventions to transform Ghana>>>'s agriculture sector, including establishing 50 Farmer Service Centres (GH¢581.4 million), investing in irrigation infrastructure (GH¢110 million), supplying fertilisers and certified seeds (GH¢515.3 million), funding the Poultry Farm-to-Table Project (GH¢244.9 million), and supporting the Ghana — National Food Buffer Stock Company>>> (GH¢200 million). The initiative, championed by President John Mahama>>>'s administration, aims to boost food security, create jobs, and reduce the country's reliance on food imports.
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