Business News of Friday, 6 December 2019

Source: kasapafmonline.com

2019 Farmers Day: EXIM Bank must scale up investments in Agric – Mahama

Former President of Ghana, John Dramani Mahama Former President of Ghana, John Dramani Mahama

Former President John Dramani Mahama says the government must ensure that the Ghana EXIM Bank scales up investments in the Agric sector.

This he claims was the main focus of the establishment of the Ghana EXIM Bank under his regime to fast track value addition, import substitution and diversification of the economy through the provision of funds for agriculture production and agro-processing.

Mr Mahama made the remark on the occasion of the 2019 National Farmers Day celebration across the country.

“I celebrate our gallant farmers and fishers across the country on the occasion of the 2019 National Farmers Day.

“To all farmers- small, medium and large scale- including back yard garden owners and investors in agro-processing and agri-business, I assure you of better years ahead.” Mr Mahama said in a Press release to mark the day.

According to him, investment in Agri-business is the new level that requires attention to enhance agriculture development and transformation.

“We can generate greater interest in agriculture, especially among young Ghanaians, when they have the assurance of affordable credit facilities, ready purchase, improved pricing and value addition.

“This can happen when we have, among others, agro-processing set-ups around the farm gates.”