Audio By Carbonatix
The Ho Central Member of Parliament, Benjamin Komla Kpodo, says government owes the District Assembly Common Fund (DACF) over GH¢6 billion.
According to him, this is due to the delay in releasing funds by the Finance Ministry.
Speaking during a parliamentary session on the proposed formula for distributing the DACF for year 2024, the legislator said the Ministry of Finance's failure to disburse the common fund quarterly violates the Constitution.
“The Ministry of Finance has been violating the Constitution. Article 252(2) clearly states that the disbursement should be done on a quarterly basis, which they were not doing. As we speak now, the Common Fund is owed some GH¢3.5 billion over the past two years."
Mr. Kpodo, who is also a Deputy Ranking Member on the Local Government Committee of Parliament, added that "For 2023, the debt has again risen by another GH3 billion. So, I don’t know where the Ministry of Finance is keeping the money meant for the District Assembly Common Fund."
But taking her turn, the Deputy Finance Minister, Abena Osei-Asare, explained that government is working on settling the Common Fund.
She added that while the arrears exist, the government has not violated any Supreme Court ruling regarding fund disbursement.
“I want to put on record that, Mr. Speaker, yes, we do owe the Common Fund some arrears, and we are working very hard to make sure we pay those sums of money. But I also want to put on record that we haven’t defaulted or that we haven’t gone against the Supreme Court’s ruling.
“That is a fact that I should put on the table. We have come to the Finance Committee to explain how we arrive at revenue numbers for DACF. So I just want to put it on the table that we haven’t gone against the ruling of the Supreme Court. But I want to assure the House that we will work together to make sure we clear any outstanding debt that we have with DACF”.
Latest Stories
-
Ghana’s GH¢33 billion cocoa sector debt crisis threatens global chocolate supply chains
8 minutes -
Princess Burland showcases Ghana at Coca-Cola’s FIFA World Cup Trophy Tour in Abidjan
12 minutes -
Uneducated, female-headed households hardest hit by food insecurity — GSS report
30 minutes -
Minority demands immediate release of Kofi Ofosu Nkansah over ‘unacceptable’ detention
31 minutes -
Save and invest at least 20% of your income — EDC Investment boss urges Ghanaians
32 minutes -
Ghanaians are struggling, yet gov’t deploys NIB – Minority calls it a ‘diversion’
34 minutes -
Minority says Ofosu Nkansah’s arrest diverts attention from pressing economic hardships
37 minutes -
CDM demands transparency over NIB detention of former NEIP boss Kofi Ofosu Nkansah
45 minutes -
Kaizen Gaming launches Betano in Ghana
46 minutes -
MTN Ghana Foundation and Cal Bank launch 2026 Save a Life blood donation drive
59 minutes -
Kojo Antwi, Medikal to headline Ghana @69 Independence concert in Paris
1 hour -
Commonwealth Council holds talks with MiDA on Agriculture Investment Opportunities
1 hour -
CDM calls for transparency and constitutional compliance in Ofosu Nkansah case
1 hour -
Police officers in Bawku threaten to resign over escalating attacks — Interior Minister reveals
1 hour -
U20 WWCQ: Black Princesses leave Accra for Johannesburg ahead of South Africa second leg
1 hour
