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We have allocated GH¢1.5bn for agric for economic transformation agenda – Ato Forson

 Government has allocated GH¢1.5 billion towards the Agriculture for Economic Transformation Agenda (AETA), an initiative aimed at modernising the country's agricultural sector, boosting food security, and creating jobs.

According to Finance Minister, Dr. Cassiel Ato Forson, this investment will transform Ghana’s agriculture, addressing both short-term challenges and long-term sustainability issues.

Key components of the AETA include the Feed Ghana Programme, the Ghana Grains Development Project, the Vegetable Development Project, and the Nkokor Nketenkete, all expected to play a crucial role in reshaping the agricultural landscape.

Presenting the 2025 Budget before parliament, Dr. Forson said the intervention is to improve production, enhance value chains, and support the overall growth of the agriculture sector while helping to tackle inflation.

“Mr. Speaker, we have allocated an amount of GH¢1.5 billion for Agriculture for Economic Transformation Agenda (AETA) of which Feed Ghana Programme, Ghana Grains Development Project, Vegetable Development Project and Nkokor Nketenkete are all key components”.

The Feed Ghana Programme, one of the central pillars of the agenda, focuses on increasing food production and reducing import dependency in Ghana, which has the potential to create numerous jobs.

The Ghana Grains Development Project, another vital part of the initiative, aims to boost the cultivation of key grains such as maize, rice, and sorghum, with the goal of improving self-sufficiency and reducing dependency on imports.

In addition to these, the Vegetable Development Project will enhance the production of vegetables, supporting both domestic consumption and export opportunities.

The AETA is designed to be a holistic approach to agriculture, focusing not just on increasing productivity but also on creating sustainable agribusiness opportunities that will benefit both smallholder farmers and large-scale agricultural ventures. The agenda is aligned with the government’s broader vision of creating a robust economy that leverages agriculture as a central driver for growth.

The GH¢1.5 billion funding is expected to support the rollout of modern farming techniques, the improvement of agricultural infrastructure, and the strengthening of research and development in the sector. It is also expected to attract both domestic and foreign investment into Ghana’s agricultural value chains, further driving the sector’s growth.

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