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Gov’t allocates GH¢245m to spice up meals safety and GH¢6.9bn for oil palm funding – Life Pulse Daily

Gov’t allocates GH¢245m to spice up meals safety and GH¢6.9bn for oil palm funding – Life Pulse Daily

✨ Breaking News: Gov’t allocates GH¢245m to spice up meals safety and GH¢6.9bn for oil palm funding – Life Pulse Daily

📰 Discover the main points:

Finance Minister Dr Cassiel Ato Forson has introduced main investments in Ghana’s agriculture enterprise development as a part of the 2026 Budget Statement and Economic Policy, pledging to give a boost to meals safety, increase agro-industrial price chains, and become the rustic’s oil palm scaling right into a key motive force of financial advertising.

Presenting the finances to Parliament, Dr Forson printed that GH¢245 million has been allotted to the Ministry of Food and Agriculture in 2026 to reinforce programmes geared toward expanding agricultural productiveness and making sure meals self-sufficiency.

“Mr 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¢245 million in 2026 to the Ministry of Food and Agriculture,” he stated.

Dr Forson additionally introduced plans to revitalise the oil palm scaling underneath the National Policy on Integrated Oil Palm Development (2026–2032).

“To transform our ‘red gold’ into a true engine of rural prosperity, export growth, and job creation, we are establishing a dedicated GH¢6.9 billion Oil Palm Finance Window to support the implementation of the National Policy on Integrated Oil Palm Development,” he advised Parliament.

He defined that the preliminary section of the programme, set to start out in 2026, will supply reinforce for nurseries, out-grower schemes, land-bank activation, long-term crop financing, smallholder inclusion, and worth addition via native processing.

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DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by means of Readers and Contributors in this platform don’t essentially constitute the perspectives or coverage of Multimedia Group Limited.

📅 Published on 2025-11-13 20:38:00 #Update #Govt #allocates #GH245m #spice up #meals #safety #GH6.9bn #oil #palm #funding #Life Pulse Daily
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