The Ministry of Finance says allegations that the government has spent GH¢ 636 million on Agenda 111 even before the sod cutting of the project are not true In a statement issued by the Public Relations Unit, the Ministry said the GH¢ 600 million released to the Health Infrastructure Account at Bank of Ghana (BoG) in 2020 to support the implementation of the District and Regional Hospital Projects was the equivalent of the US$ 100 million announced by the Government.

The Ministry of Finance says allegations that the government has spent GH¢ 636 million on the Agenda 111 even before the sod cutting of the project are not true

In a statement issued by the Public Relations Unit, the Ministry said the GH¢ 600 million released to the Health Infrastructure Account at Bank of Ghana (BoG) in 2020 to support the implementation of the District and Regional Hospital Projects was the equivalent of the US$ 100 million announced by the Government.

The amount, which is yet to be utilised, would be disbursed to contractors in accordance with the project work plan, it said.

“The said amount had been released into the project account at the BoG but not utilised yet. Project commencement has just begun. So far, only GH¢36million has been released as part of pre-construction mobilisation,” the statement explained.

The statement said the Ministry would draw down various amounts from the account to be managed by the Ghana Infrastructure Investment Fund (GIIF), following the commencement of actual project execution as evident in the sod-cutting ceremony of 17th August 2021.

The Government, the statement said, would ensure the use of local teams, comprising of Ghanaian consultants, project managers, and construction firms to execute the project and also ensure due process during disbursement and procurement.

“We wish to assure the general public that Government is still committed to tackling Ghana’s health infrastructure deficit and restoring the country on the path of achieving economic and social transformation,” it added.
Source:GNA
Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Bagbin Constitutes Nine-Member Committee To Probe UniBank, UT Bank Collapse

The Speaker of Parliament, Alban Bagbin, has constituted a nine-member committee to…

Support Gov’t To Make Ghana A Mining Investment Hub – Samuel A. Jinapor

The Minister for Lands and Natural Resources, Hon. Samuel A. Jinapor(MP) has…

We Will Make The World Know Allegations Levelled Against GES Not True- Bonaventure

Most Rev.John Bonaventure Kwofie, Catholic Metropolitan Archbishop of Accra has disclosed to…

PARLIAMENT APPROVES KEN OFORI-ATTA AS FINANCE MINISTER

Parliament of Ghana has today given an approval to Mr Ken Ofori-Atta…