Alive Ghana
Bismark Okyere Asante, CEO of LINBISK Farms, is advocating for government investment in the agriculture sector to boost local production and reduce reliance on imports. He believes this will help strengthen the Ghanaian cedi against the US dollar.
Key points from his argument:
– 62% of Ghana’s poultry consumption is imported, indicating a significant reliance on foreign products.
– Investing in agriculture, particularly poultry and fish production, can increase local output and reduce imports.
– By producing more domestically, Ghana can reduce its trade deficit and strengthen the cedi against the dollar.
– Government support for agriculture can help achieve this goal and improve the overall economy.
Asante’s perspective highlights the potential for Ghana’s agriculture sector to contribute to economic growth and currency stability. By investing in local production, Ghana can reduce its dependence on imports and promote economic development.
