Deputy Finance Minister Reports 85% Budget Release to Agriculture Ministry

Accra: A document detailing government expenditure reveals that the Ministry of Finance has released over GHS1.6 billion to the Ministry of Food and Agriculture (MOFA). This amount represents 85 percent of the ministry's 2026 budget allocation for Goods and Services and Capital Expenditure (CAPEX).

According to Ghana Web, the document highlights that releases for Goods and Services have reached 94.73 percent of the approved allocation, while releases for CAPEX stand at 74.66 percent. The records indicate that all requests for Goods and Services funding were initiated by MOFA, with one exception for a release made to the National Food Buffer Stock Company.

The document provides a comprehensive account of the transaction details, including requisition dates, journal numbers, approval dates, and warrant numbers for each release. These journal and warrant numbers were generated through the Ghana Integrated Financial Management Information System (GIFMIS), which is the platform used by ministries, departments, and agencies to process and manage government financial transactions.

The records offer a detailed trail of the releases and approvals, providing verifiable documentation of the funds disbursed to the ministry during the period under review.