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Imports of wheat and rice are forecast up in MY2024/25 mainly because of increased consumption. Corn and rice production is expected to increase due to favorable weather conditions, adoption of improved seed varieties, and the implementation of the second phase of the Government of Ghana’s (GOG) farmer support program.
Ghana has experienced a sudden economic downturn, a product of internal miscalculations and external shocks. Once ranked among the fastest growing economies in the world, Ghana has lost the steam that made it a shining example of a well-managed economy in Sub-Saharan Africa, and now finds itself in economic turmoil.