The Ministry of Finance has maintained that it has released more than GH¢1.6 billion to the Ministry of Food and Agriculture (MoFA), representing 85 per cent of the ministry’s 2026 budget allocation for Goods and Services and Capital Expenditure (CAPEX).
The clarification follows a dispute between the two ministries after MoFA questioned the Finance Ministry’s announcement that over GH¢1.6 billion had been released to support agricultural programmes and activities.
In a statement, the Finance Ministry said its records clearly show that substantial funds have been made available to MoFA through the government’s financial management system.
According to the ministry, releases for Goods and Services have reached 94.73 per cent of the approved allocation, while releases for Capital Expenditure stand at 74.66 per cent.
“This is clear proof that the Ministry of Finance has released over GH¢1.6 billion to the Ministry of Food and Agriculture, representing 85 per cent of MoFA’s 2026 budget allocation for Goods and Services and Capital Expenditure (CAPEX),” the statement said.
The ministry further explained that most of the requests leading to the releases were initiated by MoFA itself through the government’s financial management platform.
“For Goods and Services, all the requests were initiated by MoFA itself, with the exception of the release made to the National Food Buffer Stock Company,” the statement noted.
The Finance Ministry stated that all transactions were processed through the Ghana Integrated Financial Management Information System (GIFMIS), the platform used by ministries, departments and agencies to request, process and monitor public expenditure.
It explained that the records contain detailed transaction information, including requisition dates, journal numbers, approval dates and warrant numbers, providing a verifiable trail for every release made.
“As shown in the spreadsheet, every transaction is backed by a requisition date, journal number, approval date and warrant number,” the ministry stated.
“The journal and warrant numbers are system-generated through GIFMIS. This is the standard process through which all ministries, departments and agencies generate and process requests on GIFMIS.”
The Finance Ministry’s response comes amid growing public debate over the actual level of funding released to the agriculture sector and the implementation of key government programmes aimed at boosting food production and improving food security.
The disagreement follows an earlier statement from MoFA, which argued that the official allotment and expenditure ceilings communicated by the Ministry of Finance did not support claims that GH¢1.6 billion had been released to the ministry.
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