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MoF signs Ghs126 million compact agreement with Ministry of Food and Agriculture

The Ministry of Finance led by Ken Ofori-Atta has signed a compact agreement with the Ministry of Food and Agriculture for post-Covid-19 transformation.

Andy Frimpong Manso by Andy Frimpong Manso
May 19, 2021
in General, Lead story, Local News, Top Stories
MoF signs Ghs126 million compact agreement with Ministry of Food and Agriculture
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The Ministry of Finance led by Ken Ofori-Atta has signed a compact agreement with the Ministry of Food and Agriculture for post-Covid-19 transformation.

Speaking at the signing, Dr Owusu Afriyie Akoto said due to the devastating impact of the COVID-19 pandemic, many economies across the world are on recession, and Ghana is no exception.

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He noted that admittedly, the effect of the pandemic has been severe on the pockets and standards of living of Ghanaians, and government is not unaware of the situation.

Quoting the President Nana Akufo-Addo, Hon Akoto said, “we don’t know how to bring the dead back to life but we know how to revive a dead economy”, and that is exactly what Dr. Owusu Afriyie Akoto, Minister for Food and Agriculture is fixated on doing with agriculture.

The Ministry will receive one hundred and twenty-six million Ghana Cedis (Ghs126,000,000.00) to pursue various interventions that will transform Ghana’s agriculture sector.

These are policies intended to reduce the suffering of the masses and to put agriculture and the economy back on track.

Over the years the performance of agriculture to the GDP has been anything but encouraging but the Planting for Food and Jobs policy has proved to be a game changer in Ghana’s drive towards food sufficiency, growth and development.

Tags: Ministry of FinanceMinistry of Food and Agriculturepost-Covid-19
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