The Ministry of Finance has insisted that it has released more than GH¢1.6 billion to the Ministry of Food and Agriculture (MoFA), representing 85% of the ministry’s 2026 budget allocation for Goods and Services and Capital Expenditure (CAPEX).
The clarification comes after the Ministry of Food and Agriculture disputed the Finance Ministry’s claim that more than GH¢1.6 billion had been released to it, saying it had not received the funds despite the announcement made on Thursday, June 4, 2026.
However, records from the Ministry of Finance show that releases for Goods and Services have reached 94.73% of the approved allocation, while releases for Capital Expenditure stand at 74.66%.
“This is clear proof that the Ministry of Finance has released over GH¢1.6 billion to the Ministry of Food and Agriculture, representing 85% of MOFA’s 2026 budget allocation for Goods and Services and Capital Expenditure (CAPEX),” the ministry said.
The ministry further explained that, except for funds released to the National Food Buffer Stock Company, all requests for Goods and Services funding were initiated by MoFA through the government’s financial management system.
“For Goods and Services, all the requests were initiated by MOFA itself, with the exception of the release made to the National Food Buffer Stock Company,” the statement said.
The Finance Ministry noted that the transactions were processed through the Ghana Integrated Financial Management Information System (GIFMIS), which is used by ministries, departments, and agencies to submit and track funding requests.
“As shown in the spreadsheet, every transaction is backed by a requisition date, journal number, approval date, and warrant number,” the ministry stated.
“The journal and warrant numbers are system-generated (GIFMIS). This is the standard process through which all ministries, departments, and agencies generate and process requests on GIFMIS.”
