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
-
Ghana inaugurates UNESCO Commission General Assembly to strengthen global engagement
2 minutes -
August 6 demo date was not deliberate; NDC should stop politicising helicopter crash anniversary – Nana B
5 minutes -
Academic City named Ghana’s leading innovation-driven university
8 minutes -
Fire destroys Mercedes-Benz vehicle, 13 car doors at mechanic shop in Ho
12 minutes -
Fire destroys two container shops, damages three others at Bogoso market
19 minutes -
12 suspected illegal miners remanded after Forestry Commission swoop in Bosomtwe Forest Reserve
26 minutes -
Guinness Ghana DJ Awards unveils ‘All Out’ as theme for 2026
29 minutes -
NPP demo exposes hypocrisy over remembrance of 8 helicopter crash victims – NDC
32 minutes -
Franklin Cudjoe appointed to Ghana’s Joint National-United Nations Steering Committee
33 minutes -
South Africa plans new rules on ex-leaders’ foreign trips after Zuma’s visit to India
49 minutes -
Ga Mantse pledges support for Ghana Medical Trust Fund to improve specialised healthcare access
1 hour -
Chamber of Mines donates GH¢2m relief items to flood victims
1 hour -
NCCE empowers student leaders to champion integrity, accountability
1 hour -
Ghana Medical Trust Fund donates items to support Homowo Festival
1 hour -
Education Ministry condemns Obuasi SHTS violence, directs GES to investigate assault on headmaster
1 hour