Audio By Carbonatix
The Minority Chief Whip, Frank Annoh-Dompreh, has rebuked the Minister for Finance, Dr Cassiel Ato Forson, accusing him of failing to deposit any money into the Sinking Fund despite earlier commitments.
He made the remarks on the floor of Parliament during the presentation of the Business Statement for the ensuing week.
Mr Annoh-Dompreh recalled that during his vetting, Dr Ato Forson had indicated that one of the policies of the new administration would be to prioritise payments into the Sinking Fund as part of efforts to strengthen debt management.
According to the Minority Chief Whip, the Minister had criticised the previous government’s handling of the Fund and pledged to do more if approved.
“During his vetting he courageously said that one of the government’s policies would be to help put funds into the Sinking Fund. You had said that the previous government that put GH¢138 million into the Fund didn’t do anything and you were going to do more,” he stated.
However, Mr Annoh-Dompreh expressed concern that the pledge has not been fulfilled.
“But Mr Speaker, as we speak, not even a cedi has been put into the Sinking Fund. Nothing,” he stressed, drawing the attention of the House to what he described as a worrying development.
He therefore called on the Finance Minister to return to Parliament to address the issue.
“The Minister must come back to the House and address the matters of the Sinking Fund and speak to the concerns raised,” he added, urging greater transparency and accountability in the management of the country’s debt obligations.
Latest Stories
-
Ghana has only two functional MRI machines in public hospitals – MahamaCares Assessment
11 minutes -
IMF chief says no global slowdown in sight yet, but risks high
13 minutes -
Advancing Ghana’s position in Global Business Services at the Executive Roundtable in London
14 minutes -
Trump says the US and Iran have signed a deal to end the war
16 minutes -
Brazil woman dies after rope-jumping instructors fail to attach cord
21 minutes -
Report on Big Push procurement allegations to be published on Tuesday – Kwakye Ofosu
21 minutes -
Roads Ministry did not breach PPA laws in Big Push contracts – Kwakye Ofosu
22 minutes -
Gov’t defends single-source procurement in Big Push contracts, cites urgent national considerations
23 minutes -
Fox to buy Roku streaming firm in $22bn deal
24 minutes -
Maverick Research appoints former NielsenIQ Executive Justin Sargent as strategic advisor
28 minutes -
Agyinasare storms Pakistan with leadership conference and miracle crusade
34 minutes -
Prayer Palace Church raises concerns over alleged encroachment on property by Chinese national
43 minutes -
What Is Wrong with Us: When “Me” becomes bigger than “We”
51 minutes -
Prudential Bank organises business mission to Turkey and China for customers
58 minutes -
90.28% of road contracts awarded through competitive tendering — Gov’t rebuts ‘sole-source factory’ claims
59 minutes