{"id":6202,"date":"2022-06-15T11:14:10","date_gmt":"2022-06-15T11:14:10","guid":{"rendered":"https:\/\/expressnewsghana.com\/2022\/06\/15\/support-farmers-to-produce-agric-minister-charges-banks\/"},"modified":"2022-06-15T11:14:10","modified_gmt":"2022-06-15T11:14:10","slug":"support-farmers-to-produce-agric-minister-charges-banks","status":"publish","type":"post","link":"https:\/\/expressnewsghana.com\/?p=6202","title":{"rendered":"Support Farmers to Produce- Agric Minister Charges Banks"},"content":{"rendered":"\n<p><br><strong>The Ministry for Food and Agriculture (MoFA) has charged commercial banks in the country to contribute meaningfully to agriculture by making available credit facilities to farmers.<\/strong><br>According to the sector Minister, Dr. Owusu Afriyie Akoto, it was worrying that commercial banks were reluctant in supporting farmers.<br>\u201cIdeally the banks are supposed to provide you (the farmers) with credit facilities to enable you expand production. But that has not been the case.\u201d<br>\u2026To the extent that the President even held a meeting involving the Governor of the Bank of Ghana, myself and all the Managing Directors of the banks in the country at the Jubilee House. At the said meeting I spoke at length about the need for the banks to support the government in the agricultural sector,\u201d he said.<br>The Minister who was passionate about the issue indicated that in India, for instance, over the last 30 years, it is mandatory for banks to allocate a certain amount of their lending monies to agriculture.<br>Dr. Akoto was addressing a durbar of poultry farmers at the Dormaa Municipal Assembly in the Bono Region on Tuesday, June 14, 2022, as part of his working tour in the region.<br>\u201cNow what we need to do is to compel the banks to allocate their resources towards supporting agriculture in the country,\u201d he strongly advocated.<br>He stressed that when that is not done, agriculture which is the backbone of the Ghanaian economy will continue to suffer.<br>He noted that his outfit was there to support farmers through various policies, adding that the \u201cMinistry of Agriculture is not a banking institution.\u201d<br>In the wake of a looming global food shortage, Dr. Akoto said Ghana was fortunate to have food in abundance.<br>However, he said the problem was rising food prices which he attributed to high transportation cost.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/expressnewsghana.com\/wp-content\/uploads\/2022\/06\/IMG-20220615-WA0090-1024x683.jpg\" alt=\"\" class=\"wp-image-6197\" srcset=\"https:\/\/expressnewsghana.com\/wp-content\/uploads\/2022\/06\/IMG-20220615-WA0090-1024x683.jpg 1024w, https:\/\/expressnewsghana.com\/wp-content\/uploads\/2022\/06\/IMG-20220615-WA0090-600x400.jpg 600w, https:\/\/expressnewsghana.com\/wp-content\/uploads\/2022\/06\/IMG-20220615-WA0090-300x200.jpg 300w, https:\/\/expressnewsghana.com\/wp-content\/uploads\/2022\/06\/IMG-20220615-WA0090-768x512.jpg 768w, https:\/\/expressnewsghana.com\/wp-content\/uploads\/2022\/06\/IMG-20220615-WA0090.jpg 1080w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption><strong>Dr Owusu Afriyie<\/strong><\/figcaption><\/figure>\n\n\n\n<p><br>He, therefore, assured farmers that the government was not relenting in its efforts to ameliorate their plights.<br>On the issue of a laboratory in the region, the Minister assured that plans were far-advanced to build a laboratory stocked with medicines to take care of the poultry in the region.<br>Earlier, a durbar was held at the Bono Regional Coordinating Council where a presentation was done by the Bono Regional Director of Agriculture, Dennis Abugri Amenga.<br>He disclosed that there have been a boost in rice production this year, adding that the government\u2019s Planting for Food and Jobs (PFJ) has contributed immensely towards this success story.<br>He stated that the fall armyworm has been dealt with this year which did not affect much of the crops.<br>He noted that the outbreak of Bird flu, African Swine fever caused many deaths of animals, but stated that as of now the disease was under control by the intervention of veterinary doctors.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1080\" height=\"720\" src=\"https:\/\/expressnewsghana.com\/wp-content\/uploads\/2022\/06\/IMG-20220615-WA0095-1.jpg\" alt=\"\" class=\"wp-image-6200\" srcset=\"https:\/\/expressnewsghana.com\/wp-content\/uploads\/2022\/06\/IMG-20220615-WA0095-1.jpg 1080w, https:\/\/expressnewsghana.com\/wp-content\/uploads\/2022\/06\/IMG-20220615-WA0095-1-600x400.jpg 600w, https:\/\/expressnewsghana.com\/wp-content\/uploads\/2022\/06\/IMG-20220615-WA0095-1-300x200.jpg 300w, https:\/\/expressnewsghana.com\/wp-content\/uploads\/2022\/06\/IMG-20220615-WA0095-1-1024x683.jpg 1024w, https:\/\/expressnewsghana.com\/wp-content\/uploads\/2022\/06\/IMG-20220615-WA0095-1-768x512.jpg 768w\" sizes=\"(max-width: 1080px) 100vw, 1080px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"1080\" height=\"720\" src=\"https:\/\/expressnewsghana.com\/wp-content\/uploads\/2022\/06\/IMG-20220615-WA0094-1.jpg\" alt=\"\" class=\"wp-image-6201\" srcset=\"https:\/\/expressnewsghana.com\/wp-content\/uploads\/2022\/06\/IMG-20220615-WA0094-1.jpg 1080w, https:\/\/expressnewsghana.com\/wp-content\/uploads\/2022\/06\/IMG-20220615-WA0094-1-600x400.jpg 600w, https:\/\/expressnewsghana.com\/wp-content\/uploads\/2022\/06\/IMG-20220615-WA0094-1-300x200.jpg 300w, https:\/\/expressnewsghana.com\/wp-content\/uploads\/2022\/06\/IMG-20220615-WA0094-1-1024x683.jpg 1024w, https:\/\/expressnewsghana.com\/wp-content\/uploads\/2022\/06\/IMG-20220615-WA0094-1-768x512.jpg 768w\" sizes=\"(max-width: 1080px) 100vw, 1080px\" \/><\/figure>\n\n\n\n<p><strong>Source: expressnewsghana.com<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ministry for Food and Agriculture (MoFA) has charged commercial banks in the country to contribute meaningfully to agriculture by making available credit facilities to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6197,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,19,82,22],"tags":[1301,1306],"class_list":["post-6202","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","category-economy","category-general-news","category-top-stories","tag-agric-minister","tag-banks"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Support Farmers to Produce- Agric Minister Charges Banks - Express News Ghana<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/expressnewsghana.com\/?p=6202\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta 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