News:
July 25, 2025
Finance Minister, Dr. Cassiel Ato Forson has dispelled the assertion that the economic gains choked within the first half of the year was due to the government not spending.
Dr Ato Forson told Parliament on Thursday when he presented the 2025 Mid-year budget review that contrary to accusations that the government was not spending, it has actually spent GHC114 billion on a number of items.
They include the following;
US$700 million as has been paid to defray Eurobond Debt.
GH¢10 billion to domestic bondholders has been paid;
GH¢2.9 billion to the District Assemblies Common Fund (DACF) has been paid;
GH¢9.1 billion to the energy sector for stable power supply has been paid;
GH¢5 billion of arrears has been paid;
GH¢2.9 billion to the Ghana Education Trust Fund (GETFund) has been paid;
GH¢1 billion to the free secondary education programme has been paid;
GH¢2.7 billion to the National Health Insurance Scheme has been paid;
GH¢1.4 billion for National Health Insurance claims has been paid;
GH¢252 million for vaccines and essential medicines has been paid;
GH¢72.8 million as Capitation Grant has been paid;
GH¢477 million to LEAP beneficiaries has been paid;
GH¢895 million to the School Feeding Programme has been paid;
GH¢122.8 million for BECE registration has been paid;
GH¢300 million to the No Fee Stress Policy has been paid;
GH¢52 million as Teacher Training Allowance has been paid;
GH¢369.9 million as Nursing Training Allowance has been paid;
GH¢25 million as Assembly Members allowance has been paid;
GH¢21 million for the National Apprenticeship Programme has been paid;
GH¢34.5 million to the Adwumawura Programme has been paid;
GH¢2 billion as Goods and Services to run an effective and efficient government machinery has been paid; and
GH¢2 billion to save the National Investment Bank (NIB) has been paid.
Ghanamps.com