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FULL TEXT: Ken Ofori-Atta gives a break down of Covid-19 Expenditure

Finance Minister Ken Ofori-Atta has lastly responded to Parliament’s invitation to offer an account of how COVID-19 funds obtained have been managed.

Republic Online by Republic Online
June 22, 2022
in Business, General, Lead story, Local News, News, Review, Top Stories
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2021 Mid-Year Budget Review: We’re managing Ghana’s finances with competence – Ofori Atta
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Finance Minister Ken Ofori-Atta has lastly responded to Parliament’s invitation to offer an account of how COVID-19 funds obtained have been managed.

Giving a breakdown of the expenditure on Wednesday, June 22 he mentioned “These expenditures may be drawn from the Consolidated Fund, Contingency Fund or other Statutory Funds earmarked for specific purposes.”

“Mr Speaker, at this juncture, I wish to dispel the notion that there have been inconsistencies in government data on Covid-19. The President intimated during that State of the Nation Address on March 30, 2022, that we had mobilized about Gh¢17.7 billion since 2020 to fight the pandemic.

We have subsequently reconciled the data and I can report that as of end-May, 2022, we have mobilized Gh¢18.19 billion to mitigate the effect of the pandemic. Again, when the Vice President indicated on April 7, 2022, at the National TESCON Conference that government had spent Gh¢8.1 billion on Covid-19, it was within the context of expenditures for 2020 as I have already indicated,” he added.

HM-STATEMENT-TO-PARLIAMENT-ON-COVID-19-EXPENDITURE-2020-TO-2021-rev-22.6-crt-3-1

HM-STATEMENT-TO-PARLIAMENT-ON-COVID-19-EXPENDITURE-2020-TO-2021-rev-22.6-crt-3-1 (1)

Tags: Covid-19 expenditureFinance MinisterFinance Minister Ken Ofori-Atta




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