Pillar 2 of the New Economy: Govt to invest US$3bn in Commercial Agriculture - Finance Minister

Gov’t to invest US$3 Billion in commercial agriculture

The Minister of Finance, Dr. Cassiel Ato Forson, has announced a US$3 billion investment in commercial agriculture under Pillar two of the New Economy Programme. Presenting the 2027 Budget, Dr. Forson said agriculture will be a key driver of jobs, food security and industrial growth. A key plank of the strategy is the construction of …

Government commits US$3bn to commercial agriculture, targets end to rice imports by 2030

By: Marcella Mwinkoma Babing The government has earmarked US$3 billion of its proposed US$10 billion New Economy Programme for commercial agriculture, with a focus on reducing food imports, strengthening local production and creating jobs. Presenting the 2027 Budget Statement and Economic Policy in Parliament on Thursday, November 12, 2026, Finance Minister Dr Cassiel Ato Forson said agriculture would be repositioned as a major driver of economi…

Pillar 2 of the New Economy: Govt to invest US$3bn in Commercial Agriculture - Finance Minister

He further summarised the funding source for the New Economy Programme, saying that the Programme is estimated to cost US$10 billion over four years.