Government of Ghana is considering developing a Marshall Plan for the country’s agriculture sector, Vice President, Mahamudu Bawumia disclosed here on Tuesday.
In his keynote speech at the opening of a days’ AgriBusiness and Investment Forum, organized by the Ghana Investments Promotions Center (GIPC) Bawumia said this Marshall Plan aims at transforming the structure of the economy while boost economic activities.
“We are convinced that now is the time to bring on-board the other elements of our vision for the sector by launching and implementing a Marshall Plan for Agriculture (MPA) Broadly-speaking the Marshall Plan for Agriculture is aimed at: .Ramping up investments under the Planting for Food and Jobs (seeds, subsidized fertilizer, storage etc),” he explained.
The Vice President was of the belief that this marshal plan will also help encourage private investment in agriculture in the country.
“Distinguished Ladies and Gentlemen, implementing the Marshall Plan for Agriculture will lead to structural transformation which in turn will catalyze economic activities and connect major sectors in the Ghanaian economy,” Bawumia added.
The marshall plan according to him; is expected to “lead to higher farmer incomes, value addition, jobs and the opportunities that come with being globally competitive. The Marshall Plan for Agriculture will also create the conditions necessary for attracting private capital, local and international, into large-scale commercial agriculture and agribusinesses.”
Ghana launched the Planting-for-Food-and-Jobs program earlier this year aiming to improve upon the yield of staples such as rice, maize, Millet, Sorghum among others, while creating sustainable livelihoods for peasant farmers based on farming.
Ambassador of the United States of America (USA) in Ghana, Robert Jackson pledged the support of his country for Ghana’s agricultural transformation programs.
“Strengthening agriculture requires a comprehensive strategy like the government’s Planting for Food and Jobs program. This program is a step in the right direction , towards increasing food security , reducing poverty and spurring job creation,” Jackson indicated.
In August Ghana was selected as one of the 12 target countries to benefit from the next phase of the US government’s Feed The Nations program
”The United States is committed to supporting the government of Ghana as it pursues broad-based agricultural development,” the ambassador added.
The forum under the theme : “Agro-investment: Driving Development and Opportunity Along the Agricultural Value Chain,” with USAID support is aimed at driving private sector investment for Ghana’s agricultural transformation. Enditem