Ghana’s 2025 Budget Allocation to Agriculture Deemed Insufficient by Agri-Impact CEO

In the 2025 national budget, only GH¢1.5 billion, representing 0.54% of the total GH¢279 billion, has been allocated to the agriculture sector, a move that Agri-Impact Limited’s CEO, Mr. Daniel Fahene Acquaye, has described as highly insufficient. Speaking at the 2025 Budget Digest in Accra, Acquaye expressed concerns over the inadequate funding for agriculture, which is crucial to Ghana’s economic transformation.

Mr. Acquaye pointed out that in 2024, agriculture was allocated 2.2% of the national budget, making the current allocation a significant decline. He warned that without sufficient government funding, beyond donor contributions, the country will face challenges in achieving sustainable agricultural growth and development.

While acknowledging the government’s GH¢13.8 billion Big Push initiative, Acquaye criticized the lack of detailed breakdowns for agriculture within this initiative. He called for a dedicated “Big Push for Agriculture,” with focused investments in key areas like irrigation, post-harvest systems, and large-scale infrastructure. Additionally, he highlighted the lack of sector-specific funding similar to that of education and cocoa.

Acquaye also pointed to the vulnerability of northern Ghana, where delayed rainfall in 2023 led to significant crop losses. He emphasized the importance of attracting young people to agriculture through opportunities for skilled graduates, urging the government to reassess its budget priorities and invest heavily in agricultural infrastructure to ensure the sector’s growth and economic impact.

source: citi newsroom