Home Entertainment Finance Minister will get approval to withdraw ¢1.2b to fund Coronavirus Alleviation...

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


The Finance Committee of Parliament has by consensus authorised an amount of money of ¢1.2 billion for govt to accessibility funds from the Contingency Fund to finance the Coronavirus Alleviation Programme (CAP).

The Finance Minister, Ken Ofori Atta on Wednesday, introduced to Parliament, the coverage doc on CAP, looking for acceptance to spend ¢1.2 billion.

This follows demands by the Minority for government to offer details of funding of the money requested by the Minister to deal with coronavirus and its effects on the economy.

According to Ken Ofori Atta, ¢280 million will go into food stuff deals and hotmeals though ¢40 million to the Nationwide Buffer Stock Corporation.

An extra ¢200 million will be applied to cater for payments on h2o and sanitation, ¢241 will protect tax waiver for well being personnel.

Explaining even further, he said ¢80 million will be expended on the allowance for overall health workers, ¢2 million will be utilized to deal with transportation for overall health employees ¢600 million will be disbursed as tender financial loans to companies.

Chairman of the Finance Committee, Dr. Mark Assibey Yeboah says his place of work is creating a letter to authorise the Finance Minister to withdraw the cash for paying.

Dr. Assibey says Report 177(1) of the 1992 Constitution, mandates the committee to grant acceptance of such nature without plenary acceptance.

Under is the plan document on the Coronavirus Alleviation Programme (CAP)

Resource hyperlink


Please enter your comment!
Please enter your name here