The 2027 Budget gives GH¢2.9bn to agriculture, including GH¢800m for machinery, GH¢515m for fertiliser and seeds, GH¢500m for silos and GH¢105m for irrigation.

Published 12 Nov 2026, 20:07 GMT

2 min read

GH¢2.9bn for Agriculture: What Farmers Get in 2027 Budget

The government has allocated GH¢2.9 billion to the Ministry of Food and Agriculture in the 2027 Budget to help farmers “sow and grow”, with money for machinery, fertiliser, silos, and irrigation.

Finance Minister Dr Cassiel Ato Forson announced the allocation when he presented the Budget Statement to Parliament on Thursday, 12 November 2026.

The Budget lists these allocations:

GH¢800 million to buy agricultural machinery for Phase 2 of the Farmer Service Centres
GH¢515 million for fertiliser and certified seeds for grains, vegetables, roots, and tubers
GH¢500 million to build silos to improve food purchasing and storage
GH¢245 million for the Poultry Farm-to-Table project
GH¢200 million for the National Food Buffer Stock Company
GH¢105 million for ongoing irrigation projects
GH¢60 million for the Feed Ghana Programme

Dr Forson said growing more of what Ghana eats would have wider benefits.

“When Ghana grows more of what it eats, processes more of what it grows and exports more of what it makes, rural prosperity will rise, inflation will become easier to control, and the cedi will face less pressure,” he said.

Agriculture is also central to the government’s New Economy programme. Of the US$10 billion programme planned for 2027 to 2030, US$3 billion will go to commercial agriculture, according to the Finance Minister. The government aims to end commercial rice imports by 2030.

The allocation comes as farm growth has slowed. The Ghana Statistical Service says agriculture grew by 2.6 per cent in August 2026, compared with 8.6 per cent in the same month last year and 3.7 per cent in July.

The Budget also earmarks GH¢3.1 billion for the Ministry of Energy and Green Transition, including GH¢3 billion to extend rural electrification to six regions, a boost for farming communities that need power for processing and storage.

The money targets the cost of farming (inputs and machinery), storage, and food supply. Silos and the buffer stock company are aimed at reducing post-harvest losses and stabilising food supplies, though the Budget did not give timelines for delivery.

Evans EffahEvans Effah is a digital media expert with 10+ years of experience in content creation, audience growth, and media relations. He is the Online Editor at 3News.com. Contact: evans.effah@mg.com.gh

2027 Budget gives GH¢2.9bn to farmers, silos, and machinery

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