Audio By Carbonatix
The Millennium Development Authority says it will start disbursing some monies to farmers early in 2008.
The funds are expected to be used for their various projects in the selected districts countrywide.
Some 60,000 farmers selected from 1,200 Farmer-Based-Organizations (FBOs) are undergoing training to access the facility.
Officials say some of the already established ones engaged in the horticultural export business are already going through the process to access their monies through the commercial banks.
About 58 million dollars out of the over 547 million dollars Millennium Challenge Account MCA is to be invested directly into agricultural credit.
The Chief Executive Officer of the Millennium Development Authority Martin Eson Benjamin says the MCA project intends to improve upon agricultural production in the next five years.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Ghana housing finance conference adopts communiqué to improve affordable housing access
2 hours -
Special Initiatives Minister urges Wa Technical Institute to enrol more girls as EU-backed solar training lab opens
3 hours -
In the matter of my first year at the Bar
3 hours -
ActionAid Ghana calls for an end to child marriage, greater investment in girls’ rights
3 hours -
Newsfile to tackle World Cup visa scandal, beach demolitions, education strikes, BRICS bid
3 hours -
UK-Ghana Trade & Investment Summit: Trade Resource Centre to help businesses maximise UK-Ghana trade opportunities
3 hours -
Embassy of Denmark celebrates World Maritime Day
4 hours -
Linking LEAP to productive inclusion could cut extreme poverty by 2030 – UNICEF
5 hours -
Trade Ministry backs use of creative arts to rehabilitate prison inmates
5 hours -
Negotiations with government to continue despite strike suspension – GNAT
5 hours -
‘Ghana cannot afford to waste public resources; every cedi has a job’ – Ato Forson
5 hours -
Ghana expects economic boost as World Assemblies of God Congress brings 10,000 delegates to Accra
5 hours -
Joy in Nayilifong as Farouk Aliu Mahama donates 100kVA transformer to improve power supply
5 hours -
Chief Justice urges employers to tackle mental health stigma in workplaces
6 hours -
Analysis: Ghana’s yellow fever numbers reveal a gap between vaccination and protection
7 hours