The Ministry of Finance has maintained that it has released more than GH¢1.6 billion to the Ministry of Food and Agriculture (MoFA), representing 85 per cent of the ministry’s 2026 allocation for Goods and Services and Capital Expenditure (CAPEX).
The clarification follows a dispute from MoFA, which rejected the Finance Ministry’s claim made on Thursday, June 4, 2026, insisting it had not received the stated funds.
However, data cited by the Finance Ministry indicates that budget releases for Goods and Services have reached 94.73 per cent of the approved allocation, while Capital Expenditure releases stand at 74.66 per cent.
The Ministry of Finance said these figures confirm that over GH¢1.6 billion has already been disbursed to MoFA within the period under review.
“This is clear proof that the Ministry of Finance has released over GH¢1.6 billion to the Ministry of Food and Agriculture, representing 85% of MOFA’s 2026 budget allocation for Goods and Services and Capital Expenditure (CAPEX),” the statement said.
The Ministry further explained that, with the exception of funds released to the National Food Buffer Stock Company, all requests for Goods and Services payments were initiated by MoFA through the government’s financial management systems.
“For Goods and Services, all the requests were initiated by MOFA itself, with the exception of the release made to the National Food Buffer Stock Company,” it added.
According to the Finance Ministry, all transactions were processed through the Ghana Integrated Financial Management Information System (GIFMIS), which is used by Ministries, Departments and Agencies to submit and track payment requests.
It stated that each transaction is supported by a requisition date, journal number, approval date and warrant number generated through the system.
“The journal and warrant numbers are system generated (GIFMIS). This is the standard process through which all ministries, departments, and agencies generate and process requests on GIFMIS,” the statement added.
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