Accra, Nov. 13, GNA – Government has allocated GHS2.8 billion to three ministries to support industrial development, scientific research, land reclamation and sustainable management of natural resources.
The allocations cover the Ministries of Trade, Agribusiness and Industry; Environment, Science and Technology; and Lands and Natural Resources, under the 2027 Budget Statement.
Dr Cassiel Ato Forson, Minister of Finance, announced the allocations when presenting the Budget Statement to Parliament.
The Ministry of Trade, Agribusiness and Industry has been allocated GHS188 million to support enterprise development, production and trade.
The Ministry of Environment, Science and Technology will receive GHS1.3 billion, including funding for the Keta coastal protection project, which the Government has already announced.
The allocation includes GHS51 million for completing the Foundry and Machine Tooling Centre to strengthen industrial capacity, and GHS10 million for the Electron Beam Irradiation Facility to expand scientific infrastructure.
The Ministry of Lands and Natural Resources has been allocated GHS1.4 billion, the largest share, to support land management and the protection of natural resources.
The allocation includes GHS400 million for land reclamation, GHS200 million for the National Anti-Illegal Mining Operations Secretariat (NAIMOS) to combat illegal mining, and GHS60 million for mineral resource institutions.
An additional GHS30 million has been earmarked for the Responsible Cooperative Mining and Skills Development Programme, while GHS20 million will support the Tree for Life initiative.
GNA
Edited by Kenneth Sackey
Reporter: Ernest Nutsugah
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