The Member of Parliament for Korle-Klottey Constituency, Hon. Dr. Zanetor Agyeman-Rawlings, has called for a fundamental shift in how financial access is structured for farmers and stakeholders within the agricultural value chain.
She made this appeal during the impactful 8th Gathering of the Royals held in Accra.
According to Dr. Zanetor, financial institutions must adopt a more intentional and tailored approach to supporting the agricultural sector. She emphasized that conventional lending models used in other industries are not suitable for agriculture and risk undermining investment in the sector.
“Unfortunately, if we continue to apply outdated financing models, we will not attract sufficient financial institutions to invest in agriculture,” she stated.
She stressed the need for innovative financial frameworks that align with the unique realities of the agricultural sector to unlock its full potential and drive sustainable growth.
Dr. Zanetor also highlighted the importance of long-term financial security for farmers, particularly women, who play a critical role in strengthening agrifood systems. She advocated for the development of tailored pension schemes to support market women and women farmers, many of whom currently operate without any form of financial protection.
“Market women and women farmers are the backbone of our local economies, yet many lack financial security for the future. This is why special pension schemes designed around their realities are essential,” she noted.
She concluded by urging policymakers and financial institutions to ensure that such schemes are accessible, inclusive, and responsive to the needs of these key contributors to the economy.
Source: AgriwatchGH News