• About
  • Advertisements
  • Terms of Use
  • Contact
Thursday, August 6, 2026
The Sikaman Times
Advertisement
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus
No Result
View All Result
The Sikaman Times
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus
No Result
View All Result
The Sikaman Times
No Result
View All Result

Controversy as MoFA rejects Finance Ministry’s GH¢1.6bn release claim

by The Sikaman Times
June 5, 2026
Controversy as MoFA rejects Finance Ministry’s GH¢1.6bn release claim
SharePostSendShareSend

Conflicting interpretations of government budget releases have sparked a public exchange between the Ministry of Finance and the Ministry of Food and Agriculture, with both institutions presenting sharply different accounts of how much money has been made available for the sector in 2026.

MoFA has challenged claims by the Finance Ministry that more than GH¢1.6 billion has been released to the sector, insisting that official budget documents indicate a much lower spending ceiling.

According to MoFA, a Commitment Authorization issued on February 15, 2026, was followed by a First and Second Quarter Budget Allotment Letter dated February 19, which capped the ministry’s expenditure for the first half of the year at GH¢910 million. It further stated that the accompanying allotment schedule limited actual spending between January and June to about GH¢453 million.

The ministry said the allocations covered key programmes, including Farmer Service Centres, fertiliser and certified seeds, irrigation infrastructure, the Feed Ghana Programme, the Nkokonkitinkiti Programme, and support for the National Food Buffer Stock Company.

MoFA maintained that it has not received any additional authorisation that would justify the Finance Ministry’s assertion that over GH¢1.6 billion has been released.

“For the avoidance of doubt,” the ministry said, it has attached commitment authorisation and allotment documents to support its position. Media Liaison Officer Samuel Huntor added that “the facts speak for themselves.”

The Ministry of Finance, however, has stood by its figures. It said records show that releases for Goods and Services have reached 94.73 percent of approved allocations, while Capital Expenditure releases stand at 74.66 percent.

“This is clear proof that the Ministry of Finance has released over GH¢1.6 billion to the Ministry of Food and Agriculture,” the ministry stated.

It further explained that, except for releases made to the National Food Buffer Stock Company, all funding requests were initiated by MoFA through the Ghana Integrated Financial Management Information System (GIFMIS), with each transaction supported by requisition, approval and warrant records.

Advertisement Advertisement
Tags: Featured
ShareTweetSendShareSend
Previous Post

Assault on midwife at Tema Polyclinic condemned; suspect to face court on June 8

Next Post

Health Minister suspends KATH CEO over emergency admissions directive

Related Posts

NPP-led ‘Democracy Under Attack’ demonstration set for Thursday
General

NPP-led ‘Democracy Under Attack’ demonstration set for Thursday

August 5, 2026
Middle East conflict could threaten inflation gains – Dr. Asiama
Banking & Finance

Ghana’s financial sector still faces vulnerabilities – IMF urges completion of resolution framework

August 5, 2026
Randy Abbey - COCOBOD
Business

IMF backs Cocobod’s reform plan amid sector risks

August 5, 2026
GOLDBOD denies claims of GHC3bn loss in first year
Business

IMF: GoldBod must cut gold purchase costs as BoG losses remain a concern

August 5, 2026
Four killed, several injured in dynamite explosion at Aboso
General

Four killed, several injured in dynamite explosion at Aboso

August 5, 2026
Fuel prices to rise in first pricing window of August – COPEC
General

NPP questions financing, sustainability of GH¢2 diesel price cut

August 5, 2026
Next Post
Health Minister suspends KATH CEO over emergency admissions directive

Health Minister suspends KATH CEO over emergency admissions directive

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Police investigate journalist assault at EOCO during Wontumi arrest

    Police investigate journalist assault at EOCO during Wontumi arrest

    14 shares
    Share 6 Tweet 4
  • Producer Price Inflation declines to 23.1% in December 2024.

    10 shares
    Share 4 Tweet 3
  • Electricity 9.86%, water 15.92%: PURC announces tariff hike from January

    5 shares
    Share 2 Tweet 1
  • NPP boycotts Media General platforms over bias

    9 shares
    Share 4 Tweet 2
  • KAMA Group founder, Dr. Michael Agyekum Addo passes away

    8 shares
    Share 3 Tweet 2

Browse by Category

  • Africa
  • Ahafo
  • Art & Entertainment
  • Arts & Entertainment
  • Ashanti
  • Aviation
  • Banking & Finance
  • Bono East
  • Brong Ahafo
  • Business
  • Business
  • Central
  • Communication
  • Culture
  • Eastern
  • Economy
  • Education
  • Entrepreneurship & Local Business
  • Exclude
  • Features
  • General
  • Ghana
  • Greater Accra
  • Health
  • Health
  • International
  • International Trade
  • Lifestyle
  • Lifestyle
  • Media
  • National
  • News
  • North East
  • Northern
  • Oil & Gas
  • Oti
  • Politics
  • Politics
  • Real Estate
  • Regional
  • Relationship
  • Relationship
  • Religion
  • Savannah
  • Social
  • Social
  • Sports
  • Sports
  • Technology
  • Tourism & Hospitality
  • Trade
  • Transportation
  • Uncategorized
  • Upper East
  • Upper West
  • Volta
  • Western
  • About
  • Advertise
  • Privacy & Policy
  • Contact

About Us

© 2022- 2026 The Sikaman Times

No Result
View All Result
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus

About Us

© 2022- 2026 The Sikaman Times

QUICK LINKS

About

Privacy Policy

Terms Of Use

Advertisement

Contact

FOCUS

Ghana

Africa

International

CATEGORIES

General News

Business

Opinions

Politics

Technology

EXTRAS

Sports

Entertainment

Health & Wellness

STAY CONNECTED

Facebook Twitter Youtube Instagram Linkedin

© COPYRIGHT 2022-2026
The Sikaman Times