Dr. Bryan Acheampong, former Minister for Food and Agriculture, has expressed his disappointment and concern over the meager allocation of funds to the agricultural sector in the government’s financial statement.
The budget, read by Finance Minister Dr. Casiel Ato Forson, allocated a mere Ghs1.5 billion (0.5% of the budget) to agriculture, sparking worries about the country’s food security.
Dr. Acheampong took to LinkedIn to share his concerns, highlighting the inconsistency between the President’s emphasis on agriculture as a key driver for job creation, industrial growth, food security, and prosperity, and the actual allocation of funds.
He noted that the sector’s paltry allocation of Ghs1.5 billion out of a total budget of Ghs290 billion is unacceptable ¹.
The former Minister warned that this kind of budgetary allocation would lead to a serious food security crisis in the country. He promised to provide further analysis of the allocation’s implications in the coming days.
