The Ministry of Finance 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 disclosure was made by the Deputy Minister for Finance, Thomas Nyarko Ampem, during the launch of Ghana’s National Pact for Agricultural Transformation, Food Security and Employment (AgriConnect Compact) on Wednesday, June 3, 2026.
The announcement directly challenges claims that the Ministry of Finance has failed to provide adequate funding to key ministries and state institutions.
Speaking at the event, Mr. Nyarko Ampem said the Mahama administration is matching its agricultural transformation agenda with substantial financial commitments and targeted investments.
He noted that government’s commitment to agriculture is reflected in a number of flagship programmes being implemented under the leadership of President John Dramani Mahama.
According to the Deputy Minister, the government’s vision for agriculture goes beyond increasing production, focusing instead on transforming the entire agricultural value chain, improving food security, creating jobs, and strengthening economic growth.
He further announced that significant resources had already been released by the Ministry of Finance to fund key interventions across the sector.
“I am pleased to confirm that we have released GH¢1.677 billion, representing 85 percent of the approved 2026 Budget for Goods and Services and Capital Expenditure (CAPEX) for the Ministry of Food and Agriculture,” he stated.
Providing a breakdown of the releases, Mr. Nyarko Ampem said:
- GH¢581.4 million for the establishment of 50 Farmer Service Centres nationwide to support mechanisation and boost productivity.
- GH¢110 million for irrigation infrastructure projects to promote year-round farming and reduce reliance on rainfall.
- GH¢515.3 million for the supply of fertilisers and certified seeds to increase crop yields and food production.
- GH¢244.9 million for the Poultry Farm-to-Table Project (Nkoko Nkitinkiti) to strengthen the poultry value chain.
- GH¢200 million for the National Food Buffer Stock Company to improve storage, distribution, and trading of agricultural produce.
