Dr Cassiel Ato Forson is the Minister of Finance
Contrary to claims that the government has chalked up some successes in the first six months of being in office because of non-spending, the Minister of Finance, Dr Cassiel Ato Forson, has noted that so far, the government has spent GH¢114 billion.
He said, “Contrary to the perception that we are not spending, we are indeed spending and spending at the right places. We are making the right investments”
Speaking during the presentation of the 2025 Mid-Year Budget review, the minister listed some of the spending done by the government.
These include:
1. GH¢10 billion to domestic bondholders has been paid;
2. GH¢2.9 billion to the District Assemblies Common Fund (DACF) has been paid;
3. GH¢9.1 billion to the energy sector for a stable power supply has been paid;
4. GH¢5 billion of arrears have been paid;
5. GH¢2.9 billion to the Ghana Education Trust Fund (GETFund) has been paid;
6. GH¢1 billion to the free secondary education programme has been paid;
7. GH¢2.7 billion to the National Health Insurance Scheme has been paid;
8. GH¢1.4 billion for National Health Insurance claims has been paid;
9. GH¢252 million for vaccines and essential medicines has been paid;
10. GH¢72.8 million as Capitation Grant has been paid;
11. GH¢477 million to LEAP beneficiaries has been paid;
12. GH¢895 million to the School Feeding Programme has been paid;
13. GH¢122.8 million for BECE registration has been paid;
14. GH¢300 million to the No Fee Stress Policy has been paid;
15. GH¢52 million as Teacher Training Allowance has been paid;
16. GH¢369.9 million as Nursing Training Allowance has been paid;
17. GH¢25 million as Assembly Members’ allowance has been paid;
18. GH¢21 million for the National Apprenticeship Programme has been paid;
19. GH¢34.5 million to the Adwumawura Programme has been paid;
20. GH¢2 billion as Goods and Services to run an effective and efficient government machinery has been paid; and
21. GH¢2 billion to save the National Investment Bank (NIB) has been paid.
SSD/AE
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