Government pumps GH¢1.8bn into agric sector – Finance Minister

Must Read

The Finance Minister, Ken Ofori- Atta, says government has invested over 1.8 billion cedis into the Agricultural sector to boost its growth.

“So far, we have invested over GH¢1.8 billion in our Agricultural Sector,” he told Parliament on Thursday, July 23, 2020, while presenting government’s 2020 mid-year budget to the House.

The minister explained that the invested fund has resulted in an agricultural growth which averaged about 2.0 percent between 2014 and 2016, to an average of 5.2 percent over the past years.

- Advertisement -

He also disclosed that this achievement was made through the government’s determination that Ghana would be self-sufficient in food production through planting for food and Jobs programme from the onset.

The Finance Minister said that, “Mr. Speaker, from the onset, this Government had determined that Ghana would be self-sufficient in food production through our planting for Food and Jobs programme and would add value to what we produce, as well as, create jobs along the value chain under the 1D1F programme.”

The One District, One Factory (1D1F), according to Mr. Ken Ofori -Atta, has currently over 70 factories in production, with many more under various stages of Construction.

More Latest Stories


Most Read This Week