Known as the Input Credit System, the initiative will provide affordable and timely credit specifically designed to meet the needs of farmers.
The initiative, which is Phase Two of the flagship program, Planting for Food and Jobs (PFJ 2.0) seeks to consolidate the gains made since the first phase launched in 2017.
RESIDENT Nana Addo Dankwa Akufo-Addo launched the Planting for Food and Jobs Phase Two (PFJ2.0) to consolidate the gains made since the first phase launched in 2017.
The initiative, PFJ 2.0, known as the Input Credit System, will provide affordable and timely credit specifically designed to meet the needs of farmers.
Through this system, the government aims to improve access to agricultural inputs, foster the adoption of modern farming practices and technologies, and ultimately catapult the agricultural sector to new heights.
Launching the program at a ceremony in Tamale, capital of the Northern Region, President Akufo-Addo said the initiative was a testament to “our government's unwavering commitment to the growth and prosperity of our farming communities.
“By providing credit to our farmers, we empower them to make informed choices and invest in the inputs that will significantly boost their productivity. We understand that increased agricultural productivity is the cornerstone of economic growth, rural development, and poverty reduction,” he said.
Describing the initiative as a decisive step towards addressing challenges in the agricultural sector, President Akufo-Addo stated that the initiative holds immense potential to accelerate the growth of the agricultural sector.
“This system represents a transformative approach towards empowering our farmers, enhancing productivity, and fostering sustainable agricultural development in Ghana,” he explained.