The Finance Committee of Parliament has approved an amount of ¢1.2 billion for government to access money from the Contingency Fund to finance the Coronavirus Alleviation Programme (CAP).
The Finance Minister, Ken Ofori Atta on Wednesday, presented to Parliament, the policy document on CAP, seeking approval to spend ¢1.2 billion.
This follows demands by the Minority for government to provide details of funding of the money requested by the Minister to tackle coronavirus and its impact on the economy.
According to Ken Ofori Atta, ¢280 million will go into food packages and hotmeals while ¢40 million to the National Buffer Stock Company.
An additional ¢200 million will be used to cater for bills on water and sanitation, ¢241 will cover tax waiver for health personnel.
Explaining further, he said ¢80 million will be spent on the allowance for health staff, ¢2 million will be used to cover transportation for health workers ¢600 million will be disbursed as soft loans to businesses.
Chairman of the Finance Committee, Dr. Mark Assibey Yeboah says his office is writing a letter to authorise the Finance Minister to withdraw the money for spending.
Dr. Assibey says Article 177(1) of the 1992 Constitution, mandates the committee to grant approval of such nature without plenary approval.
Below is the policy document on the Coronavirus Alleviation Programme (CAP)
Latest Stories
-
PSG clinch Ligue 1 title after Lyon’s win over Monaco
13 mins -
Guinness Ghana sets the pace at Ghana Beverage Awards with six awards
34 mins -
Burkina Faso suspends BBC, VOA radio broadcasts over killings coverage
39 mins -
Nicole Kidman honoured with AFI Life Achievement Award
51 mins -
Brassier scores winner for Brest as they edge Rennes to secure European football
1 hour -
Ejisu by-election: Akufo-Addo jabs independent candidate; refutes allegations to rig elections
1 hour -
‘What are the real causes of the erratic power outages?’ GUTA demands from ECG
2 hours -
Implementing ESG framework in Ghana’s energy sector for sustainability
2 hours -
CAFCC: Dreams FC exit competition after 3-0 defeat in Kumasi
2 hours -
The detrimental effects of political interference on Ghana’s electricity sustainability
2 hours -
Prof. Opoku-Agyemang’s appointment as running mate intimidates the NPP – Benjamin Quashie
2 hours -
Black Stars physical trainer dead
2 hours -
Bawumia to kick off nationwide campaign for Election 2024 tomorrow
2 hours -
GUTA charges ECG to provide ‘dumsor’ timetable for businesses to plan
2 hours -
Reason for training professional counsellors is to heal a hurting world – CCP president
5 hours