Ghana Solid 4-Year Agricultural Investment Plan
admin - Sat, 07/23/2011
Ghana has just confirmed they will be investing in a four-year, Medium -Term Agricultural Investments Sector Investment Plan (METASIP) to implement the Food and Agricultural Sector Development Policy (FASDEP II) has been launched in Accra. The METASIP is consistent with the Economic Community of West African States (ECOWAS) Agriculture Policy and NEPAD's Comprehensive Africa Agriculture Development Programme (ECOWAP/CAADP) which provide an integrated framework to support agricultural growth, rural development and food security in the African region.
The investment plan is to enhance the fulfillment of the sector’s role in agricultural development for poverty reduction, food security and economic growth, which mainly involves food, animal and fish production. The agriculture sector presently contributes to 34% of GDP, and with proper such as this, Ghana's favorable factors including, relatively reliable weather, abundant tract of fertile soils can aid the cultivation of variety of crops and create jobs. Minister of Food and Agriculture, Kwesi Ahwoi, said Ghana is Africa's success story in achieving the Millennium Development Goals of halving poverty and hunger ahead of the target date of 2015.