The Association of Ghana Industries(AGI) has suggested that government should establish a National Raw Material Council to address the age-long problem of shortage of local raw materials especially during the lean production seasons.
This was among others recommendations raised by the group in a press statement in relation to 2019 budget statement as regards the agric sector.
Below are the details of the press statement:
IMPLICATIONS ON THE AGRIBUSINESS SECTOR
The Agribusiness Sector of the Association of Ghana Industries-AGI wish to commend the Minister for Finance for presenting the 2019 Budget Speech of the Government of Ghana dubbed a STRONGER ECONOMY FOR JOBS AND PROSPERITY.
As the Agribusiness private sector, we consider and envisage our farmers as autonomous entrepreneurs and their organizations as farmers’ business organizations who have to operate and deal with a range of public and private sector players such as sourcing companies, banks, agro input dealers and many others. This reinforces the role of the Agribusiness in being the backbone of our economy.
AGI wish to commend the bold steps being taken by the Government of Ghana to support the Agro-industry especially with the Launching of the Ghana Commodity Exchange which by extension is expected to promote private sector investment in industry and agriculture and open up market opportunities for farmers and stakeholders in the agribusiness.
In the budget statement, the Minister intimated that Ghana spends over $2billion on food imports annually i.e.
– Rice – 1 billion
– Sugar – 320 million
– Poultry – 374 million
According to the Honourable Minister, it is the Government’s key goal to replace a significant fraction of these and other imports with domestic products in the medium term. In the paragraph 169 of the budget speech, the Minister spelt out that the Roadmap for the Agric Sector is to set up Tree Crop strategy (Tree Crops Development Authority).
We therefore wish to make a few comments and appeal to the Government to consider, as it seeks to implement the budget.
The AGI is willing and ready to support government as it seeks to implement the agenda for job creation and Ghana Beyond Aid.
As a leading voice in the Private Sector in Ghana, we will continue to strengthen the cooperation and provide constructive critiquing where necessary to support agro-industrialization in Ghana.
LONG LIVE AGI
LONG LIVE OUR MOTHERLAND
CHAIR VICE CHAIR
AGRIBUSINESS SECTOR – AGI AGRIBUSINESS SECTOR AGI