Synopsis, Is there fiscal space for CAADP in Ghana?

In 2009, Ghana was one of the first African countries to accept the Comprehensive Africa Agriculture Development Programme (CAADP) target of committing ten percent of government expenditure to agriculture. Despite this commitment, Ghana remains far short of that goal. In recent years, spending on ag...

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Main Author: Younger, Stephen D.
Format: Brief
Language:Inglés
Published: International Food Policy Research Institute 2015
Subjects:
Online Access:https://hdl.handle.net/10568/150257
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author Younger, Stephen D.
author_browse Younger, Stephen D.
author_facet Younger, Stephen D.
author_sort Younger, Stephen D.
collection Repository of Agricultural Research Outputs (CGSpace)
description In 2009, Ghana was one of the first African countries to accept the Comprehensive Africa Agriculture Development Programme (CAADP) target of committing ten percent of government expenditure to agriculture. Despite this commitment, Ghana remains far short of that goal. In recent years, spending on agriculture has increased, but only to about 3.5 percent of total expenditures (Benin 2014; ReSAKSS 2015). To attain the CAADP target, Ghana needs to spend an additional 6.5 percent of total expenditures, or about 2 percent of GDP, on agriculture. Yet Ghana also finds itself needing to reduce an historically large and persistent budget deficit of about ten percent of GDP. In such difficult fiscal times, is it possible for Ghana to meet its CAADP commitment?
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spelling CGSpace1502572025-11-06T05:12:32Z Synopsis, Is there fiscal space for CAADP in Ghana? Younger, Stephen D. caadp economic development agricultural development public expenditure In 2009, Ghana was one of the first African countries to accept the Comprehensive Africa Agriculture Development Programme (CAADP) target of committing ten percent of government expenditure to agriculture. Despite this commitment, Ghana remains far short of that goal. In recent years, spending on agriculture has increased, but only to about 3.5 percent of total expenditures (Benin 2014; ReSAKSS 2015). To attain the CAADP target, Ghana needs to spend an additional 6.5 percent of total expenditures, or about 2 percent of GDP, on agriculture. Yet Ghana also finds itself needing to reduce an historically large and persistent budget deficit of about ten percent of GDP. In such difficult fiscal times, is it possible for Ghana to meet its CAADP commitment? 2015-11-12 2024-08-01T02:51:11Z 2024-08-01T02:51:11Z Brief https://hdl.handle.net/10568/150257 en Open Access application/pdf International Food Policy Research Institute Younger, Stephen D. 2015. Synopsis, Is there fiscal space for CAADP in Ghana? GSSP Policy Note 8. Washington, DC: International Food Policy Research Institute. https://hdl.handle.net/10568/150257
spellingShingle caadp
economic development
agricultural development
public expenditure
Younger, Stephen D.
Synopsis, Is there fiscal space for CAADP in Ghana?
title Synopsis, Is there fiscal space for CAADP in Ghana?
title_full Synopsis, Is there fiscal space for CAADP in Ghana?
title_fullStr Synopsis, Is there fiscal space for CAADP in Ghana?
title_full_unstemmed Synopsis, Is there fiscal space for CAADP in Ghana?
title_short Synopsis, Is there fiscal space for CAADP in Ghana?
title_sort synopsis is there fiscal space for caadp in ghana
topic caadp
economic development
agricultural development
public expenditure
url https://hdl.handle.net/10568/150257
work_keys_str_mv AT youngerstephend synopsisistherefiscalspaceforcaadpinghana