
Audio By Carbonatix
The Administrator of the District Assemblies Common Fund (DACF), Michael Harry Yamson, has disclosed that 1,587 out of 4,767 projects traced under the fund across the country have so far been found not to exist.
He said the findings emerged from a recent exercise to trace projects financed through the Common Fund, explaining that the non-existent projects were undertaken during the previous administration.
Mr Yamson attributed the development to a lack of transparency in the management of the Common Fund, stressing that every cedi released for development must translate into projects that are visible and verifiable on the ground.
He made the disclosure at the opening of a meeting with Municipal and District Chief Executives (MDCEs) in the Volta Region at Dzolo-Kpuita in the Ho West District last Thursday.
He said measures had now been instituted to strengthen transparency and accountability to ensure that the Common Fund promoted equitable development, secured livelihoods, stimulated economic growth and enhanced decentralised governance.
IGF mobilisation
Mr Yamson also urged the metropolitan, municipal and district assemblies (MMDAs) to intensify efforts to mobilise Internally Generated Funds (IGF) to broaden their financial base and reduce reliance on central government transfers.
He said although 80 per cent of the DACF had been released, it remained important for the assemblies to complement the allocations with robust IGF mobilisation to improve service delivery and accelerate development.
"We can no longer depend solely on central transfers and any resources available to the assemblies must be optimised through the use of technology," he said.
Regional Minister
The Volta Regional Minister, James Gunu, urged the assemblies to make prudent and innovative use of the Common Fund allocations to drive local economic development.

He said having received 80 per cent of the Common Fund allocations, the assemblies had no justification for delaying development projects.
Mr Gunu encouraged the assemblies to adopt innovative approaches to create jobs and strengthen local economies, adding that they should also collaborate with non-governmental organisations to attract additional resources for development.
Ho West District
The District Chief Executive for Ho West, Professor Francis Duse, said the increased release of the Common Fund would support the execution of critical infrastructure projects, improve education and strengthen inclusive programmes for persons with disabilities.
He said the district also had enormous potential in agriculture and tourism, which could be harnessed to drive socio-economic development.
The meeting discussed issues including fund allocations.
Latest Stories
-
Rapp, 26, dies after being hit by car while cycling
17 minutes -
Photos: Vice President joins Wesley Girls to unveil logo for school’s 190th anniversary celebrations
56 minutes -
Joseph Paul inspires Team Ghana with racing spikes gift for Hayford Addae
1 hour -
Ferry carrying 116 passengers sinks off Guyana coast, authorities say
2 hours -
Neighbours actor Terence Donovan dies aged 90
2 hours -
India’s Ganesh idol makers count the cost of devastating floods
2 hours -
Russia launches major ballistic missile attack on Kyiv
2 hours -
Two die, two injured in gory Asuboi crash on Accra-Kumasi Highway
3 hours -
Hanan Abdul-Wahab petitions Attorney-General over alleged due process violations
3 hours -
Woman allegedly defrauds 26 applicants of GH¢675,000 in military recruitment scam
3 hours -
NANTA pledges to promote Ghana after Safari World tourism experience
3 hours -
US and Iran exchange strikes after two US deaths in Jordan attack
6 hours -
Kwaku Azar writes: End the politics of phone calls, build strong institutions
7 hours -
The problem isn’t unanswered calls but weak institutions — Prof. Asare
7 hours -
Spain vs Argentina – Match preview and team news
8 hours