The prolonged dry period in the Northern and Middle Belts is forcing the government to step up measures to avert a potential food insecurity disaster. The government has raised money, put a temporary limit on grain exports, and given priority to grain imports in order to address the crisis. Dr. Mohammed Amin Adam, the Finance Minister, declared that the government has acquired a $1 million insurance policy to shield smallholder farmers in the northern area from potential droughts in the future.
$5 million will be distributed under the scheme in the case of a drought. Bryan Acheampong, the minister of food and agriculture, provided justification for the government’s proposal to remove GHS 500 million from the contingency fund and outlined the plans for distribution of the remaining GHS 8.3 billion. The money will go toward cash transfers, feed assistance, imports of rice and maize, seed and fertilizers, and poultry feed.
Despite worries expressed by the Minority, Patrick Boamah, the chair of the Parliamentary Finance Committee, promised that the monies will be granted right away if all release requirements are satisfied.
SOURCE: https://dew360.net
Join our WhatsApp channel: https://whatsapp.com/channel/0029VakDz4u9RZATWh53yC1a
