Audio By Carbonatix
The Chamber of Agribusiness has appealed to the government to increase the budgetary allocation to agriculture to at least 10% of the country’s Gross Domestic Product (GDP).
The government allocated some GH¢1.54 billion to the agriculture sector in the 2025 Budget. This represented about 0.115% of the projected GDP for 2025.
Sharing his expectation ahead of the 2026 Budget, the Chief Executive of the Chamber, Anthony Morrison, said, some significant investment will be needed in improving the weak infrastructure system within the agriculture value chain, which hinders growth and competitiveness, both locally and internationally.
"I think that fundamentally, we need to increase the current 3% threshold of GDP to agric, to at least 10%." He said.
“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 told JoyBusiness, emphasising the need for targeted investments to address structural bottlenecks.
He further highlighted the importance of making Ghana’s agricultural exports globally competitive.
“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 also reiterated the need for more investment in critical areas such as irrigation, logistics, and agri-technology.
The Chamber insists that increasing agricultural allocation to at least 10% of GDP will align with the Maputo Declaration, which Ghana is a signatory to, and will help unlock the sector’s potential as a driver of economic transformation and job creation
Latest Stories
-
When Prophecy becomes Performance: A Call for Discernment in Ghana’s Spiritual Space
7 minutes -
No money demanded from family of deceased student in Latvia, says Foreign Affairs Ministry
11 minutes -
Upper East MDAs sign performance contracts to ensure accountability
11 minutes -
SWAG to attend AIPS Africa Congress in Banjul, The Gambia
16 minutes -
The End of Equidistance: Rethinking Ghanaian trade policy amid great power competition
17 minutes -
Ghana Revenue Authority win medals at 2026 Africa Cup for club Championships
22 minutes -
Christian Honours to be officially launched in Accra
30 minutes -
Work with Bryan, turn him into an asset—Vicky Bright urges Bawumia
32 minutes -
Schandorf writes: Why everyone needs a boss like Armah-Kofi Buah
35 minutes -
Russia to host 10,000 young participants at International Youth Festival 2026
37 minutes -
Bryan Acheampong remains loyal to NPP despite primary loss — Adomako Kissi
40 minutes -
Norway’s PM agrees crown princess had ‘poor judgement’ over Epstein links
40 minutes -
Asante Kotoko mark one year since Nana Pooley’s ‘untimely passing’
52 minutes -
The CEO’s role in sustaining execution beyond strategy
53 minutes -
The Armed Forces Act, 1962 (Act 105): A Legal Evaluation of the Need for Amendment
53 minutes
