In a recent development, Joseph Osei-Owusu, the First Deputy Speaker of Parliament, has raised concerns about the Finance Ministry's indebtedness to the District Assembly Common Fund. The issue was brought to light by Benjamin Kpodo, Member of Parliament for Ho Central, who revealed that the Finance Ministry owes over GH¢6 billion to the District Assembly Common Fund due to irregular fund disbursements.
Deputy Finance Minister Abena Osei-Asare has provided reassurances regarding the government's commitment to settling these arrears. However, Osei-Owusu has emphasized the need for tangible evidence and a reconciliation of financial figures.
Highlighting the urgency of the situation, Osei-Owusu has called for a comprehensive report by the conclusion of June. He stressed the importance of promptly resolving these outstanding arrears to ensure efficient financial support for the assemblies.
"I have listened to the Minister of Finance designate but I want to see evidence and be satisfied that the figures put out by Kpodo and the Ministry of Finance have been reconciled and we can put our hearts to it that these are the exact figures, otherwise, we will have to stand against the Ministry of Finance. Because when it comes to the Common Fund, we must assert our authority as a House.
“So, we are looking forward to a report and I hope that by the end of June, we will have a report and all the arrears will be available and the assemblies will get sufficient funds."
It is imperative that the Finance Ministry provides clarity on its indebtedness to the District Assembly Common Fund, and it is essential for the House to assert its authority in addressing this matter.
As we await further developments, it is crucial for all stakeholders to work towards a prompt resolution of these outstanding arrears for the benefit of the assemblies and their financial stability. We will continue to monitor this issue closely and provide updates as it progresses.
source citinewsroom | curated by Aisha Yakubu | Ghana Crimes
