Finance Ministry Releases GH¢1.677 Billion to Agriculture Ministry to Drive Sector Transformation in 2026

The Ministry of Finance has disclosed that it has released GH¢1.677 billion to the Ministry of Food and Agriculture in 2026, representing 85 percent of the ministry’s approved budget for Goods and Services and Capital Expenditure (CAPEX).

The announcement comes amid public claims that the Ministry of Finance, led by Dr. Cassiel Ato Forson, has failed to adequately fund key government ministries and agencies.

According to government officials, the substantial budget releases demonstrate the administration’s commitment to transforming the agricultural sector and supporting food security, job creation, and economic growth.

A breakdown of the funds released shows that GH¢581.4 million has been allocated for the establishment of 50 Farmer Service Centres across the country to improve mechanisation and agricultural productivity.

Additionally, GH¢110 million has been released for irrigation infrastructure projects aimed at expanding year-round farming and reducing dependence on rainfall.

The Ministry also allocated GH¢515.3 million for the procurement and distribution of fertilisers and certified seeds to support farmers and boost crop yields nationwide.

To strengthen the poultry industry, GH¢244.9 million has been released for the Poultry Farm-to-Table Project, popularly known as Nkoko Nkitinkiti.

Furthermore, GH¢200 million has been provided to the National Food Buffer Stock Company to improve the storage, distribution, and trading of agricultural produce while helping to stabilise food supplies.

Government officials say the releases reflect a deliberate effort to match policy commitments with financial support, ensuring that flagship agricultural programmes receive the resources needed for implementation.

The funding forms part of a broader agricultural transformation agenda focused on modernising farming, enhancing food security, supporting agribusiness development, and creating employment opportunities across the country.

The Ministry of Finance maintains that timely budget releases remain a key component of government efforts to drive growth in the agricultural sector and strengthen Ghana’s economy.