‘Agri-business main source of govt revenue’

National Coordinator for Youth in Agriculture, Klutse Kudormo, has said, Agriculture has remained a central driver of Ghana’s economy.

According to him, the sector employs 35 per cent of the active labour force and has also served as a major source of revenue for the government.

Speaking at a forum organised by the African Business Centre for Developing Education in partnership with the Centre for Scientific and Industrial Research (CSIR), he said: “For instance for a sector that employs 35.95 percent of the active labor force and a major source of revenue for the government a substantial growth is likely to have a huge impact on the economy.”

Mr Kudomor noted, “In 2015 Ghana’s total revenue growth from non-traditional exports alone amounted to 2.522 billion us dollars.

“Ghana provides public supports for agribusiness. With emphasis on the role of the ministry of food and agriculture (MOFA). The importance of agribusiness has been increasingly recognized over recent years. With different organization providing support to the agribusiness usually through programmes and projects.”
He also urged graduates to take advantage of the agribusiness.

“Agribusiness is also emphasized in Ghana’s trade policy, with ministry of trade and industry playing various roles in the sector.
“The ministry of trade and industry (MOTI) , the Ghana export promotion authority ,(GEPA) the council for scientific and industrial research( CSIR) and other public organization are implementation specific programmes to enhances agribusiness development in Ghana ,in collaboration with the partners.”

The forum was organized under the theme: “Commercialisation of Scientific Research, Promoting Youth Employment in Agribusiness.”

Source: Ghana/ClassFMonline.com