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
-
CAF Confederation Cup: ‘We want to go there and win’ – Karim Zito on Stade Malian clash
3 mins -
Togbe Adzie Lãkle Howusu XII endorses youth leadership as New Force Movement gains momentum
33 mins -
Public Utility Workers Union appeals to PURC to address power crisis
54 mins -
Anbariya loses another appeal in Kumasi as Appeal Court ratifies High Court ruling against the Islamic Institute
1 hour -
Highway construction health hazard: Ofankor-Pokuase-Nsawam residents appeal for dust relief
1 hour -
SuperJazzClub releases its first single of the year ‘Off’
1 hour -
Methodist Church to lobby Akufo-Addo for expedited assent to anti-LGBTQI+ Bill
1 hour -
Spare health facilities from unplanned ‘dumsor’ – Minority to government
2 hours -
Eritrea Observed World Tuberculosis (TB) Day 2024
2 hours -
Just give us ‘dumsor’ timetable to plan our operations – GMA tells ECG
2 hours -
Parliament petitions Chief Justice for an expedited hearing of cases against anti-LGBTQI+ Bill
2 hours -
The Attorney General vs NDC impasse – why they ‘fight’
3 hours -
High Court orders teacher unions to end strike
3 hours -
‘He worked with all staff irrespective of their status’ – GRA hails Dr Ammishaddai
3 hours -
Zack Orji underwent two brain surgeries; he is fine – Actors Guild of Nigeria President
3 hours