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Only 12.4% of 2026 budget released — MoFA disputes Finance Ministry figures

Juliana Odame AsarebyJuliana Odame Asare
June 6, 2026
Reading Time: 2 mins read
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The Ministry of Food and Agriculture (MoFA) has disputed claims by the Ministry of Finance that it has received 85% of its 2026 budget allocation, insisting that actual releases as of May 29 amounted to only 12.4% of its approved budget.

In a press release dated June 5, 2026, MoFA described figures circulating in a video and on social media as misleading and maintained that the ministry continues to face significant funding constraints affecting the implementation of key agricultural programmes.

The statement, issued by MoFA’s Public Relations Unit, challenged figures attributed to the Ministry of Finance and argued that the financial realities confronting the sector differ substantially from what has been publicly presented.

According to the ministry, total releases received as of May 29, 2026, stood at GH¢244,321,150 out of an approved budget of GH¢1,970,686,606, representing just 12.4%.

MoFA said the funding shortfalls have affected operations across several critical programmes and interventions.

For Goods and Services, the ministry noted that only GH¢5,308,195 had been released out of an approved allocation of GH¢35,387,967 for headquarters and agency operations, representing about 15%.

The ministry also highlighted funding gaps under its flagship initiatives.

Under the Poultry Farm-to-Table Project, popularly known as Nkoko Nketenkete, GH¢67,369,742 had been released out of an approved allocation of GH¢244,985,117, representing approximately 27.5%.

MoFA described the Fertiliser and Certified Seeds Programme as critically underfunded, revealing that only GH¢15,313,000 had been released out of a budgeted GH¢515,313,522, representing about 3% of the approved allocation.

The ministry further disclosed that the National Food Buffer Stock Company had not received any funding despite an approved allocation of GH¢200 million earmarked for grain purchases and strategic reserves.

It also expressed concern over delays in capital expenditure, stating that no funds had been released for the construction of 50 Farmers’ Service Centres despite an approved allocation of GH¢690 million.

“On the Capital Expenditure (CAPEX) side, no releases had been made for the construction of the Fifty (50) Farmers’ Service Centres, despite an approved budget allocation of GH¢690,000,000. Consequently, procurement processes and implementation activities for this critical intervention remain adversely affected,” the statement said.

However, the ministry acknowledged that some capital projects had received funding support. It noted that irrigation-related interventions had benefited from releases, while total capital releases stood at GH¢150,330,214 as of the end of May.

MoFA maintained that the figures underscore ongoing financial constraints affecting agricultural transformation programmes and urged the public to disregard misinformation regarding budget disbursements.

The ministry said an accurate understanding of funding releases is necessary to properly assess the progress and challenges facing the agriculture sector.

The clarification comes amid growing public debate over government spending priorities and the flow of funds to key sectors of the economy.

 

 

Read Also:

GH¢1.6bn has been disbursed to Agric Ministry – Finance Ministry insists

Tags: Ato ForsonEric OpokuGhanaGhana NewsMinistry of financeMinistry of Food and Agriculture
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