Audio By Carbonatix
The Deputy Minister for Finance, Mrs Abena Osei Asare has indicated that government's expenditure on the Covid-19 response program totals GH¢20.4 billion.
She stated that the funds were secured from various local and international sources.
Mrs Osei Asare disclosed that the Bank of Ghana (BoG), the nation's Stabilization Fund and foreign sources that include the World Bank and the International Monetary Fund (IMF) were among the many resources relied on by the Ministry.
"The country was able to source $1 billion and that was used to fund other programs associated with the pandemic. We also sourced funding from our development partners like the World Bank and the EU.
"The Bank of Ghana gave about 10 million to help us fill in our statutory funding that includes the District Assembly Common Fund. An amount was dispersed to the districts to enable them to carry out their activities at that level," she added.
She stated that the National Health Insurance Scheme is part of the statutory fund. Health workers received financial support to aid commuting from workplaces.
The expenditure by the government, she stated was to foster the growth of government businesses and the economy in view of the pandemic.
Latest Stories
-
Photos: First Lady attends African First Ladies for Development meeting in Ethiopia
6 minutes -
2026 U20 WWCQ: Black Princesses beat South Africa to make final round
37 minutes -
World Para Athletics: UAE Ambassador applauds Ghana for medal-winning feat
1 hour -
Photos: Ghana’s path to AU Chairmanship begins with Vice Chair election
1 hour -
Chinese business leader Xu Ningquan champions lawful investment and deeper Ghana–China trade ties
2 hours -
President Mahama elected AU First Vice Chair as Burundi takes over leadership
2 hours -
Police work to restore calm and clear road after fatal tanker crash on Suhum–Nsawam Highway
3 hours -
Four burnt, several injured in Nsawam-Accra tanker explosion
4 hours -
Police arrest suspect in murder of officer at Zebilla
4 hours -
SUSEC–Abesim and Adomako–Watchman roads set for upgrade in Sunyani
5 hours -
CDD-Ghana calls for national debate on campaign financing
5 hours -
INTERPOL’s decision on Ofori-Atta: What it means for his U.S. bond hearing and the legal road ahead
5 hours -
Parties can use filing fees to cover delegates’ costs, end vote-buying – Barker-Vormawor
5 hours -
Boxing in Bukom: Five months without the bell
5 hours -
Political parties can end vote-buying by disqualifying offenders – Barker-Vormawor
6 hours
