Ghana Second Agriculture Development Policy Operation

closed

The Second Agricultural Development Policy Operation (AgDPO 2) Program is a single tranche credit for $25 million equivalent intended to help the Government of Ghana (GoG) implement the revised Food and Agriculture Sector Development Policy (FASDEP II). This operation backs the Bank's strategy of supporting Ghana's Growth and Poverty Reduction Strategy (GPRS II), which seeks to modernize agriculture through policy and institutional reforms that deliver the following: (i) the gaps between observed and achievable yields are narrowed, particularly for food crops; (ii) post-harvest losses are reduced; (iii) the irrigated area is increased and informal schemes are better managed; (iv) farmer organizations are empowered to better represent economic interests of their members; (v) the management of Ghana's fisheries is improved; and (vi) budgetary resources for agriculture are well allocated and executed. The AgDPO 2 is consistent with the Bank's strategic focus on country systems, and the Government's draft aid policy that seeks a greater share of foreign assistance in the form of budgetary support.