Two hundred and ninety-six One District One Factory (1D1F) projects are at various stages of implementation, out of which 126 are operational, 143 are under construction, and 27 being pipeline projects.
In 2023, the Government will intensify support to existing and new manufacturing enterprises with technical assistance, credit facilitation, and access to electricity and other infrastructure.
Mr Ken Ofori-Atta, the Minister of Finance made this known when he presented the 2023 Budget Statement and Economic Policy in Parliament.
He said 1D1F Initiative continued to make remarkable progress in 2022.
The Minister said the recent global crisis had severely disrupted inorganic fertilizer supply chains.
He said this had resulted in sharp increases in prices, making it difficult for farmers to access the commodity and thus threatening food security.
Mr Ofori-Atta said the Ministry of Food and Agriculture was intensifying efforts to promote the local production and use of organic fertilizers.
He said further to this, under the subsidy programme, the Ministry had increased the quota for organic fertilizer suppliers to cover the shortfall in supply of inorganic fertilisers.
“The Government is facilitating the establishment and the expansion of local organic fertilizer production plants with support from the EXIM Bank,” he added.
Latest Stories
-
I was suspended in SHS after making a dance video with my uniform – Lisa Quama
27 mins -
GTA gears up for National Tourism Awards 2024
30 mins -
Prof. Gyampo criticises vacating of MP seats due to cross-carpeting
3 hours -
A critical examination of Speaker Alban Bagbin’s ruling on potential breaches of Article 97(1)(G) and (H)
4 hours -
Trump calls 6 January ‘day of love’ when asked about Capitol riot
4 hours -
UTAG calls for immediate prosecution of persons arrested for engaging in galamsey
5 hours -
Prof Ransford Gyampo: And Speaker Bagbin declared 4 seats vacant…
5 hours -
Secret Service has ‘deep flaws’ and must overhaul leadership, report says
5 hours -
Kenya’s deputy president sacked while in hospital
5 hours -
One Direction ‘devastated’ at Liam Payne’s death
6 hours -
Ghana’s debt to ease to 70% of GDP in 2024; another debt default unlikely – Fitch
6 hours -
Meta fires staff for buying toothpaste, not lunch
6 hours -
U-20 AFCON 2025Q: Afriyie’s brace earns Ghana draw against Benin
6 hours -
US ‘click to cancel’ rule to ban subscription traps
6 hours -
Speaker is completely out of order; he is wrong on this ruling – K.T Hammond
6 hours