Audio By Carbonatix
Two hundred and ninety-six One District One Factory (1D1F) projects are at various stages of implementation, out of which 126 are operational, 143 are under construction, and 27 being pipeline projects.
In 2023, the Government will intensify support to existing and new manufacturing enterprises with technical assistance, credit facilitation, and access to electricity and other infrastructure.
Mr Ken Ofori-Atta, the Minister of Finance made this known when he presented the 2023 Budget Statement and Economic Policy in Parliament.
He said 1D1F Initiative continued to make remarkable progress in 2022.
The Minister said the recent global crisis had severely disrupted inorganic fertilizer supply chains.
He said this had resulted in sharp increases in prices, making it difficult for farmers to access the commodity and thus threatening food security.
Mr Ofori-Atta said the Ministry of Food and Agriculture was intensifying efforts to promote the local production and use of organic fertilizers.
He said further to this, under the subsidy programme, the Ministry had increased the quota for organic fertilizer suppliers to cover the shortfall in supply of inorganic fertilisers.
“The Government is facilitating the establishment and the expansion of local organic fertilizer production plants with support from the EXIM Bank,” he added.
Latest Stories
-
Experts say missing engine part in most Ghanaian vehicles polluting air, sickening people
22 minutes -
India express train kills seven elephants crossing tracks
42 minutes -
Gunmen kill nine in South Africa tavern attack
46 minutes -
Charting a New Course for National Prosperity: Why an open ship registry can anchor Ghana’s twenty-four-hour economy vision
1 hour -
Ghana Airways restoration key to national pride and economic reset – Ablakwa
2 hours -
US seizes second oil tanker off Venezuela’s coast
2 hours -
Australian PM announces intelligence review as country mourns Bondi attack
2 hours -
Imran Khan and wife given further jail terms after state gift fraud case
2 hours -
5 perish in fatal collision on Cape Coast–Takoradi Highway
2 hours -
Poultry imports driving egg glut – GAPFA
3 hours -
Legal lifeline for Ghanaians in America as lawyers association, Embassy move to tackle diaspora challenges
4 hours -
Photos: First Atlantic Bank PLC officially listed on Ghana Stock Exchange
4 hours -
Energy minister assures stable power as Ghana hits peak demand in December
5 hours -
Miguel Ribeiro Fiifi Brandful
5 hours -
Adom TV’s ‘Nine Lessons and Carols’ electrifies National Theatre in a festive extravaganza
5 hours
