{"id":103173,"date":"2025-11-13T20:38:47","date_gmt":"2025-11-13T20:38:47","guid":{"rendered":"https:\/\/sotnews.agency\/?p=103173"},"modified":"2025-11-13T20:38:47","modified_gmt":"2025-11-13T20:38:47","slug":"govt-allocates-gh%c2%a2245m-to-boost-food-security-and-gh%c2%a26-9bn-for-oil-palm-development","status":"publish","type":"post","link":"https:\/\/sotnews.agency\/?p=103173","title":{"rendered":"Gov\u2019t allocates GH\u00a2245m to boost food security and GH\u00a26.9bn for oil palm development"},"content":{"rendered":"
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Finance Minister Dr Cassiel Ato Forson has announced major investments in Ghana\u2019s agriculture sector as part of the 2026 Budget Statement and Economic Policy, pledging to strengthen food security, expand agro-industrial value chains, and transform the country\u2019s oil palm industry into a key driver of economic growth.<\/p>\n

Presenting the budget to Parliament, Dr Forson revealed that GH\u00a2245 million has been allocated to the Ministry of Food and Agriculture in 2026 to support programmes aimed at increasing agricultural productivity and ensuring food self-sufficiency.<\/p>\n

\u201cMr Speaker, to scale up food security and agro-industrial value chains covering Feed Ghana, grains and vegetables, and the Nkoko Nkitinkiti livestock programme, among others, we are providing GH\u00a2245 million in 2026 to the Ministry of Food and Agriculture,\u201d he said.<\/p>\n

Dr Forson also announced plans to revitalise the oil palm industry under the National Policy on Integrated Oil Palm Development (2026\u20132032).<\/p>\n

\u201cTo transform our \u2018red gold\u2019 into a true engine of rural prosperity, export growth, and job creation, we are establishing a dedicated GH\u00a26.9 billion Oil Palm Finance Window to support the implementation of the National Policy on Integrated Oil Palm Development,\u201d he told Parliament.<\/p>\n

He explained that the initial phase of the programme, set to begin in 2026, will provide support for nurseries, out-grower schemes, land-bank activation, long-term crop financing, smallholder inclusion, and value addition through local processing.<\/p>\n<\/div>\n

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\"Gov'tFinance Minister Dr Cassiel Ato Forson has announced major investments in Ghana\u2019s agriculture sector as part of the 2026 Budget Statement and Economic Policy, pledging to strengthen food security, expand agro-industrial value chains, and transform the country\u2019s oil palm industry into a key driver of economic growth.<\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_2277560469115098_106292521332774":"","twitter_aToxNzczMzI3Njk4OTg4ODUxMjAxOw==_1773327698988851200":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[12463,1926,1883,10,9],"tags":[],"class_list":["post-103173","post","type-post","status-publish","format-standard","hentry","category-allocates","category-government","category-national","category-politics","category-popular"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/103173","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=103173"}],"version-history":[{"count":0,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/103173\/revisions"}],"wp:attachment":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=103173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=103173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=103173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}