Finance Minister, Dr Cassiel Ato Forson, says a $22.6 million facility from the World Bank under the West Africa Food System Resilience Project (FSRP) will significantly enhance food security and help resolve deep-rooted structural challenges confronting Ghana’s agricultural sector.
He made the remarks on Friday, January 30, during a working visit to Golden Exotics Limited, a major banana producer and exporter, and to selected rice farms in Kpong and Asutsuare in the Eastern and Greater Accra regions.
The World Bank–supported project, implemented by the Government of Ghana, aims to improve farmers’ access to accurate weather and climate information through digital advisory platforms.
It also seeks to increase production of key commodities such as maize, rice, soybeans, tomatoes, and poultry to strengthen productivity and resilience across the food system.
According to the Finance Minister, the facility will be instrumental in addressing long-standing inefficiencies and vulnerabilities within the agriculture sector, which have constrained growth over the years.
“Let me thank the World Bank for the assistance and for allocating this loan facility to the Government of Ghana to enable us to develop our agriculture sector. This is a sector that has struggled over the years, and this support will go a long way,” Dr Forson said.
