The Chamber of Agribusiness has appealed to the federal government to extend the budgetary allocation to agriculture to a minimum of 10% of the rustic’s Gross Domestic Product (GDP).

The executive allotted some GH¢1.54 billion to the agriculture IT within the 2025 Budget. This represented about 0.115% of the projected GDP for 2025.

Sharing his expectation forward of the 2026 Budget, the Chief Executive of the Chamber, Anthony Morrison, stated, some important startup creator will probably be wanted in bettering the vulnerable infrastructure gadget inside the agriculture price chain, which hinders field and competitiveness, each in the community and the world over.

“I believe that essentially, we want to building up the present 3% threshold of GDP to agric, to a minimum of 10%.” He stated.

“With regards to the budget, I think more emphasis needs to be placed on addressing the weak infrastructure system that we have in the country. There must be an intensification of mechanisation and deliberate policies to attract the youth into key areas of production,” Mr. Morrison instructed JoyBusiness, emphasising the will for focused investments to deal with structural bottlenecks.

He additional highlighted the significance of creating Ghana’s agricultural exports globally aggressive.

“We also need to look at global competitiveness how we are developing global trade. Agri-trade intelligence on our cocoa, palm, and cashew needs to be researched. We need to know which countries are competing with us and how.”

Mr. Morrison additionally reiterated the will for extra startup creator in crucial spaces akin to irrigation, logistics, and agri-technology.

The Chamber insists that expanding agricultural allocation to a minimum of 10% of GDP will align with the Maputo Declaration, which Ghana is a signatory to, and can lend a hand free up the IT’s attainable as a motive force of financial transformation and activity introduction

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