“To strictly follow the Resetting Agenda and secure sufficient funding, the Ministry of Finance has allocated GHS 6.3 billion to the District Assemblies Common Fund (DACF).
This amount covers four quarters of the 2025 fiscal year and is allocated to all 261 Metropolitan, Municipal, and District Assemblies (MMDAs) to execute their activities outlined in the Medium-Term Development Plans and Annual Action Plans (AAPs).
Out of the amount released, a total of GHS 4.3 billion has been disbursed to all MMDAs. The 4th Quarter instalment is being processed for disbursement.”
[2/27, 14:19] +233 24 292 2798: “Mr Speaker, a nation that does not learn from past mistakes cannot get out of the cycle of problems that impose hardship on its citizens.
We have just begun to emerge from the most devastating economic crisis in our nation’s recent history. This crisis was trigered by general financial indiscipline, huge deficits and massive debt occasioned by persistent unbudgeted expenditure to meet the ends of covnenient politicking.
In the last few weeks, we have had to take the painful but necessary decision to revise the producer price of Cocoa to achieve competitive pricing and resolve accute liquidity challenges in the sector.
Failure to do so would have meant pumping in billions of borrowed funds.
This unplaned expenditure would have taken us right back to the very devastating economic problems we have only recently begun to escape.
So while fully understanding the concerns and protest of our farmers, I can firmly assure them that the reforms announced by government will see a total transformation of the sector and guarantee them a fair price that enables them to meet the cost of producing the comodity and making decent margins.
The difference between economic hardships and avoiding same is the exercise of sound economic judgement and I am determined to take decisions that ensure our collective wellbeing and avoid suffering for all our citizens.”
