Peasant Farmers Association calls for 10% allocation of the 2026 budget to the Agric Sector

0
1

The Peasant Farmers Association of Ghana is calling on the government for 10% allocation of the 2026 budget to the agriculture sector.

The Finance Minister is expected to present the 2026 Budget Statement and Economic Policy that will improve the life of the citizens to Parliament on 13 November 2025.

Expressing the concerns and the expectations of the stakeholders of the economy, the Acting Executive Director of Peasant Farmers Association of Ghana, Mr. Bismark Owusu Nortey is calling on the government to allocate 10% of the 2026 budget to the agric sector.

Speaking to Agric Today ahead of the 2026 budget hearing, Mr. Nortey highlighted the significant role that the agric sector contributes to Ghana’s economy, been the bedrock of the economic recovery, therefore, the need for greater investment in the sector.

Accordding to him, the budget allocation to the sector should be geared towards capital infrastructure, where there should be construction of irrigation facilities, warehousing, constructing farmer service centres, good roads to transform the sector.

Transforming agriculture at the northern part of Ghana, Mr. Nortey said there should be some investments in the irrigation system like the Pwalugu Dam, desilting and reconstruction of previous constructed dams and support of small and medium-sized and solar-powered boreholes and pumps.

To mitigate importation of agriculture equipment, he said the government should commit to facilitate manufacturing of appropriate mechanization equipment like power tillers, small planters, harvesters; the government should support the private sector to develop these equipment locally.

“Currently seen what is going regarding to the gluts, we don’t want to have such experience in the future, so with that regards we are calling the government to set up an Agriculture Investment Fund, where they would be able to raise money for agriculture expenditure including mitigation of unanticipated shocks like the current happenings”, he added

Again he mentioned, the government can use the budget as a vehicle to push for procurement of exclusively locally produced foods where the state institutions would be directly mandated to purchase from the local farmers.

He bewailed at the lack of funds to the National Food and Buffer Stock Company (NAFCO) and asked for deliberate allocation of resources to be able to mob-up all rice and grains in the systems to curb future turbulence like how the farmers are facing.

Ad article