Agriculture Economy
IN FOCUS
Ghana’s agriculture economy contributes considerably to growth, accounting for around 19% of the country’s GDP and employing approximately 44% of the workforce. Agriculture data indicate that agricultural growth in Ghana has slowed since the country’s oil discoveries. The agriculture sector’s GDP share has declined from approximately 31% in 2000 to around 18% in 2019, while the oil and gas sector’s proportion has climbed from zero to over 9% during the same period. Through programs and restrictions that continue to hinder expansion, the government has dominated the industry. The YAFO Institute conducts free enterprise studies to promote more freedom for stakeholders and farmers.
Related Articles
Why Food Insecurity Persists Despite the Planting for Food and Jobs Policy in Ghana
Despite the ambitious implementation of the Planting for Food and Jobs (PFJ) policy in Ghana, the country is still grappling with food insecurity concerns. The
The One District One Factory (1D1F) Initiative: A Game-Changer or a Letdown?
Industrialization has been a key driver of economic growth for most advanced countries. This can be seen in the Industrial Revolution, which altered countries such
Planting For Food and Jobs: Assessing the Impact of Phase I and the Fate of Phase II
The government’s primary agricultural campaign, Planting for Food and Jobs (PFJ) – which was launched on 19th April 2017 – has five (5) implementation elements. The
The Bitter Brew: How Inflation in Ghana Has Eroded the Prosperity of Cocoa Farmers
Ghana’s social and economic landscape has been significantly shaped by cocoa growing, which is primarily practiced by smallholder farmers. But as the plague of inflation