Saturday, 26 Jul 2025
  • My Feed
  • My Interests
  • My Saves
  • History
  • Blog
Subscribe
FM News Online
  • Home
  • Opinion

    Ghana’s economic direction wins investor praise at High-Level Meeting in Washington, D.C.

    By Edzorna Francis Mensah

    Is Article 146(8) a right that can be waived? – Saint-Ayisi quizzes

    By Edzorna Francis Mensah

    Finance Minister inaugurates new Public Procurement Authority Board, calls for bold reforms

    By Edzorna Francis Mensah

    Trade Minister inaugurates Grant Committee to Drive SME Growth Under GEAs Economic Transformation Project

    By Edzorna Francis Mensah

    Parliament passes Ghc293 Billion Appropriation for the 2025 financial year

    By Edzorna Francis Mensah

    Mohammed Kudus drops iconic No.10 Black Stars jersey

    By Edzorna Francis Mensah
  • Politics

    Dome Kwabenya MP celebrates birthday with Children at Motherlove Orphanage

    By Edzorna Francis Mensah

    Supreme Court Affirms King Tackie Teiko Tsuru II as Legitimate Ga Mantse in Landmark Ruling

    By Edzorna Francis Mensah

    Cedi’s appreciation not a ‘Nine-Day Wonder’ — Finance Minister

    By Edzorna Francis Mensah

    Stakeholders discuss invalid, rejected ballots in Africa at 9th Annual Continental Forum of Electoral Management Bodies in Ghana

    By Edzorna Francis Mensah

    Afadzato South MP supports rainstorm victims with roofing materials and cash

    By Edzorna Francis Mensah

    Ghana, Canada deepen ties to explore areas of mutual interest

    By Edzorna Francis Mensah
  • Health

    Swiss Ambassador to Ghana explores opportunities for deeper collaboration on governance and anti-corruption efforts

    By Edzorna Francis Mensah

    9th Parliamentary Service Board inaugurated with two former MPs as members

    By Edzorna Francis Mensah

    GOLDBOD Team meets Ghana Chamber of Bulk Oil Distributors, Ghana Association of Forex Bureaux

    By Edzorna Francis Mensah

    CEO of GFZA visits two Free Zone Enterprises to gain firsthand insight into their operations

    By Edzorna Francis Mensah

    Double Standard: Dela Coffie pens down, questioning former A-G Godfred Dame

    By Edzorna Francis Mensah

    Joy of reading shines at Sophia Boadi Readathon Festival  

    By Edzorna Francis Mensah
  • News
  • International
  • Sports
  • Account
  • 🔥
  • News
  • Economy
  • Governance
  • Politics
  • Uncategorized
  • Health
  • Religion
  • Education
  • Sports
  • Editorial
Font ResizerAa
FM News OnlineFM News Online
  • My Saves
  • My Interests
  • My Feed
  • History
  • Education
  • Editorial
  • Politics
  • Health
  • ICT
  • International
Search
  • Home
  • Opinion
  • Politics
  • Health
  • News
  • International
  • Sports
  • Account
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Home » Blog » Gov’t Spokesperson fires: Any claim that economic gains are due to government not spending is palpably false
Economy

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

Edzorna Francis Mensah
Last updated: July 24, 2025 4:14 pm
Edzorna Francis Mensah
Published July 24, 2025
2 Min Read
Share
SHARE

Government  Spokesperson Felix Ofosu Kwakye has  fired  submitting  that any claim that economic gains are due to government not spending is palpably false

- Advertisement -
Ad image

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.

Share This Article
Facebook Whatsapp Whatsapp Copy Link Print
Previous Article Economic recovery outcomes key to Non-Interest Banking and Finance in Ghana: Prof John Gatsi
Next Article 2025 Mid-Year Budget Review: GOLDBOD records a high surge in value
Leave a Comment

Leave a Reply Cancel reply

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

Your Trusted Source for Accurate and Timely Updates!

Our commitment to accuracy, impartiality, and delivering breaking news as it happens has earned us the trust of a vast audience. Stay ahead with real-time updates on the latest events, trends.
FacebookLike
XFollow
InstagramFollow
LinkedInFollow
MediumFollow
QuoraFollow
- Advertisement -
Ad image

Popular Posts

Binduri MP calls for urgent need for collective action to combat drug abuse in Ghana

On the occasion of the International Day Against Drug Abuse and Illicit Trafficking, the Member…

By Edzorna Francis Mensah

Akatsi North MP motivates BECE Candidates with gifts and scholarship promise

The Member of Parliament for Akatsi North, Peter Nortsu-Kotoe paid a motivational visit to Ave…

By Edzorna Francis Mensah

Promise fulfilled: NDC Government abolishes E-Levy subject to Presidential Assent

Parliament has approved the repeal of the Electronic Transfer Levy (E-Levy), with the bill now…

By Edzorna Francis Mensah

You Might Also Like

Economy

Governor engages with the clergy to discuss plans to Introduce Non-Interest Banking and Finance in Ghana

By Edzorna Francis Mensah
Economy

Mid-Year Budget Review: 10 Takeaways from Dr. Ato Forson

By Edzorna Francis Mensah
Economy

2025 Mid-Year Budget Review: Full Text

By Edzorna Francis Mensah
Economy

2025 Mid-Year Budget Review: GOLDBOD records a high surge in value

By Edzorna Francis Mensah
FM News Online
Facebook Twitter Youtube Rss Medium

About US


FM News: Your instant connection to breaking stories and live updates. Stay informed with our real-time coverage across politics, tech, entertainment, and more. Your reliable source for 24/7 news.
Top Categories
  • International
  • Editorial
  • Politics
  • Tech
  • Health
  • Education
Usefull Links
  • Contact Us
  • Advertise with US
  • Complaint
  • Privacy Policy
  • Cookie Policy
  • Submit a Tip
© FM News Online. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?