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Home Economy

Gov’t Spokesperson fires: Any claim that economic gains are due to government not spending is palpably false

Edzorna Francis Mensah by Edzorna Francis Mensah
July 24, 2025
in Economy
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Gov’t Spokesperson fires: Any claim that economic gains are due to government not spending is palpably false
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Government  Spokesperson Felix Ofosu Kwakye has  fired  submitting  that any claim that economic gains are due to government not spending is palpably false

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In the last six months,GHS 114 billion has been spent by government.
Below is a list of some of the spending done by this government.
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.

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