Dr. Amin Adam, the Minister of Finance, has expressed deep concerns about the impact of the ongoing drought on Ghana’s agricultural sector. The drought, which has affected Northern Ghana, poses a significant threat to the country’s economic growth trajectory.
The region has experienced no rainfall for over two months, stunting crop growth and leaving farmers with little hope for a successful harvest. During a press conference in Accra, Dr. Adam highlighted the challenges farmers are facing due to the drought.
He noted that individuals involved in managing the economy, like himself, are also significantly impacted by the drought. Dr. Adam emphasized that their hopes of achieving higher economic growth have been dashed by the drought.
Investments have been lost, and even with the current rains, crop maturity is uncertain. The drought has affected staple crops like rice, maize, groundnuts, and millet, leading to huge losses. The prolonged drought has led to a sharp drop in food production, raising alarms about a potential food shortage and looming famine.
Dr. Adam stressed that the drought puts Ghana’s economic growth trajectory in danger, particularly in the agricultural sector, a major contributor to the country’s growth.
