Home Technology Finance Minister will get approval for ¢1.2b to fund Coronavirus Alleviation Programme

Finance Minister will get approval for ¢1.2b to fund Coronavirus Alleviation Programme

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The Finance Committee of Parliament has authorized an quantity of ¢1.2 billion for authorities to entry dollars 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 acceptance to commit ¢1.2 billion.

This follows needs by the Minority for federal government to give specifics of funding of the dollars requested by the Minister to deal with coronavirus and its effects on the economy.

In accordance to Ken Ofori Atta, ¢280 million will go into meals offers and hotmeals though ¢40 million to the National Buffer Stock Organization.

An extra ¢200 million will be employed to cater for expenditures on h2o and sanitation, ¢241 will protect tax waiver for health personnel.

Describing even further, he stated ¢80 million will be invested on the allowance for health workers, ¢2 million will be employed to protect transportation for wellbeing staff ¢600 million will be disbursed as gentle loans to firms.

Chairman of the Finance Committee, Dr. Mark Assibey Yeboah states his workplace is creating a letter to authorise the Finance Minister to withdraw the funds for expending.

Dr. Assibey claims Write-up 177(1) of the 1992 Structure, mandates the committee to grant acceptance of these character without the need of plenary approval.

Beneath is the plan doc on the Coronavirus Alleviation Programme (CAP)

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