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
-
Morocco beat Nigeria on penalties to set up AFCON final against Senegal
2 hours -
NaCCA Director-General apologises as withdrawn teacher manual sparks national outrage
2 hours -
Mane destroys Salah’s Afcon dream again – will he get another chance?
2 hours -
‘If Flick hadn’t come, I would have left Barca’ – Raphinha
3 hours -
Real Madrid stunned by second division Albacete in Copa del Rey
3 hours -
Tottenham sign Gallagher from Atletico for £35m
3 hours -
Amateur stuns world’s best Jannik Sinner to win A$1m in Melbourne
3 hours -
FBI searches home of Washington Post reporter in classified documents probe
4 hours -
Trump administration pauses immigrant visa processing for 75 countries
4 hours -
UK–Ghana crack down on immigration crime as fugitive smuggler jailed
4 hours -
Ghana’s Benjamin Arhin shines on Internacional debut with Man of the Match display
4 hours -
Stanbic Bank Ghana maintain top rank in Customer Experience Leadership in 2025 KPMG Assessment
4 hours -
Newmont-backed AI smart lab powers Kona D/A students to victory at Ghana Robotics Competition
4 hours -
Venezuelan acting president says hundreds of prisoners have been released since December
5 hours -
Nilex Suites holds first open house ahead of official launch
5 hours
