Ghana’s agriculture sector resolute despite covid-19 shocks

Results from the Agribusiness Tracker conducted by the Ghana Statistical Services and the United Nations Development Programme indicate that the agriculture sector was the only sector of the economy that remained resolute during the covid-19 pandemic.

According to the Government Statistician, Professor Samuel Kobina Annim, the survey however revealed that about 33,000 agribusinesses were closed down during the lockdown period to control the spread of the pandemic.

This he however indicates has seen an improvement as about 70% of these affected businesses have been able to reopen after the lockdown, an indication that the sector is responding to interventions relative to other sectors of the economy.

“Agribusiness can be found in all sectors of the economy, so one have to be careful when comparing to industry and services sectors because it cuts across all the sectors.

But when looking at agriculture on its own, relative to the other sectors as we indicate in our GDP releases, and Business Surveys, the agriculture sector was relatively resolute to the pandemic in terms of its impact as compared to other sectors.

Thus if you look at its impact on the industry and services sector, they were more impacting relative to the agriculture sector” he said.

The survey results released by the GSS  funded by the German Ministry for Economic Cooperation and Development (BMZ) and implemented by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, in partnership with the United Nations Development Programme (UNDP), collected data from about 8,000 agribusinesses across Ghana.