Govt Allocates GHC8 Billion Cedis To Respond To Dry Spell Crisis

The Minister for Finance, Honourable Dr. Amin Adam has announced that the government has allocated 8 billion Ghana Cedis to provide relief and some mitigative measures for the farmers affected by the dry spell.

“Our response may not entirely neutralise the extent of the problem. But our response certainly will help in stabilizing the situation until we get out of the crisis. 

And so as the Honourable Minister for Food and Agriculture said, we are seeking to raise about 500 million U.S. dollars, the equivalent of 8 billion Ghana Cedis, to fund the crisis response programme”, the minister emphasized.

The package includes cash transfers and a supply of food and other relief items to these farmers. He added that a technical task force comprising the Ministries of Finance and the Food and Agriculture will monitor the distribution of the relief items to ensure fairness and accountability.

Mr Adam explained that 2.5 billion out of the 8 billion allocated for the crisis response will be drawn from the contingency fund and 2.4 billion Cedis as support from development partners. He noted that the support from the World Bank will be used for cash transfers and supply of inputs.