Finance Ministry releases 85% of Agriculture Ministry's 2026 budget — GH¢1.677bn disbursed

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 announcement was made by Deputy Finance Minister 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 disclosure comes amid discussions about government funding for key ministries and state institutions, with the Finance Ministry highlighting its commitment to supporting the agricultural sector through substantial budgetary allocations.

Speaking at the launch, Mr. Nyarko Ampem said the Mahama administration is backing its agricultural transformation agenda with significant investments aimed at boosting productivity, enhancing food security, creating jobs, and driving economic growth.

According to him, the government’s agricultural strategy extends beyond increasing food production and focuses on strengthening the entire agricultural value chain.

“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.

The Deputy Minister outlined several key interventions that have received funding under the government’s agricultural development programme.

A total of GH¢581.4 million has been allocated for the establishment of 50 Farmer Service Centres across the country to improve mechanisation and support agricultural productivity.

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

To support crop production, GH¢515.3 million has been allocated for the supply of fertilisers and certified seeds to farmers nationwide.

The government has also released GH¢244.9 million for the Poultry Farm-to-Table Project, popularly known as Nkoko Nkitinkiti, which seeks to strengthen Ghana’s poultry industry and reduce dependence on imported poultry products.

Furthermore, GH¢200 million has been allocated to the National Food Buffer Stock Company to improve the storage, distribution, and trading of agricultural produce while addressing long-standing post-harvest challenges.

Mr. Nyarko Ampem said these investments demonstrate the government’s commitment to transforming agriculture into a major driver of economic development, food security, and employment creation across the country.