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2019 Budget: There is a ready market for farmers - Finance Minister

By Wendy Amarteifio
2019_ Budget:There is a ready market for farmers on produce -Finance Minister
2019 Budget:There is a ready market for farmers on produce -Finance Minister
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Ken Ofori Atta, Finance Minister reading the 2019 budget highlighted on the sector of the Ministry of Food and Agriculture saying that there is a ready market for farmers who produce various food stuff.

In accordance with the budget, he noted  what the NPP government has achieved in the sector of Food and Agriculture 

According to the 2019 budget, the Finance Minister stated that Government’s Planting for Food and Jobs programme (PFJ) is yielding impressive results.

In order to consolidate the gains achieved under the programme, Government, last week, operationalized the Ghana Commodity Exchange, the first electronic commodity exchange in West Africa.

He added that there will always be a ready market for farmers who produce grains such as corn and soya, among others. Through this exchange, an estimated 200,000 skilled jobs will be provided not only in Accra but in key agriculture production and trading centers including Wenchi, Tamale and Sandema which host warehouses to support the exchange.

Some of the jobs to be created include commodity brokers, data analysts, credit officers, and grain pickers.

READ MORE:2019 budget: We've moved the economy from "Incompetence" to "Competence" Finance Minister

Finally, the Finance Minister stated that Ghana’s credibility in the international capital market is on the rise. As a testament to the prudent fiscal and monetary policies of this Government, in May 2018, The Akufo-Addo Government successfully issued its first Eurobond, with shining success: a hat-trick of 3 Ls that is 

*Largest Eurobond issuance of $2 billion

*  Longest maturity period of 30 years; and 33 33 | The Budget Statement and Economic Policy of the Government of Ghana for the 2019 Financial Year

*  Lowest pricing in Ghana’s history--8.627 percent for the  percent for the 30-year bond

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