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Release of Statutory Funds: GETFund-Two Billion, NHIF-Two Billion, DACF- Ghc987 Million for First Quarter of 2025

Edzorna Francis Mensah by Edzorna Francis Mensah
June 3, 2025
in Economy, Education, Health
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Release of Statutory Funds: GETFund-Two Billion, NHIF-Two Billion, DACF- Ghc987 Million for First Quarter of 2025
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The Ghana Education Trust Fund (GETFund) has received a total of Two Billion, Seven and Ten Million, Two Hundred and Twenty-Seven Thousand, Nine Hundred and Forty-Seven Ghana Cedis (GHS2,710,227,947.00) for the months of January, February, March and April, 2025.

As contained in the 2025 Budget, funding for the Free Senior High School Programme is now fully covered under the GETFund.

The Ministry of Finance has also transferred the sum of Nine Hundred and Eighty-Seven Million, Nine Hundred and Sixty-Five Thousand and Seventy-Three Ghana Cedis (GHS987,965,073.00) from the Consolidated Fund into the District Assembly Common Fund Account, being the first quarter amount due the DACF.

 

The Administrator of the District Assembly Common Fund is required to ensure that 80% of this amount is transferred directly to the Assemblies without fail and expenditure returns submitted to the Ministry of Finance before subsequent releases will be made.

In a statement to parliament by Dr. Cassiel Ato Forson, Minister for Finance on payments to Statutory Funds on 3rd June, 2025, the Minister again mentioned that, a total amount of Two Billion, Thirty-Three Million, Four Hundred and Sixty-Nine Thousand, Six Hundred and Seven Ghana Cedis (GHS2,033,469,607) has been disbursed to the National Health Insurance Fund.

 

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These disbursements are said to enable the National Health Insurance Scheme to settle arrears owed to healthcare providers and to implement the Free Primary Healthcare and Ghana Medical Care Trust programme, also known as ‘Mahama Care’.

 

Members are encouraged to monitor the utilisation of these amounts sent to their respective assemblies in line with the approved guidelines by Cabinet.

 

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