HomePoliticsGovernment Denies Claims Of Spending Ghc 1.7 Billion On Covid-19 — Thedistin

Government Denies Claims Of Spending Ghc 1.7 Billion On Covid-19 — Thedistin

spot_img
spot_img

The government in the press conference has denied claims that only GHc1.7 billion was spent on covid-19 instead of Ghc19 billion.

In a recall, some media houses made a publication, as well as a post by Member of Parliament for Yapei Kusawgu, John Jinapor, claiming that per their forensic audit of the 2021 budget statement, the government spent Ghc1.7 billion instead of the actual figure of Gh19 million.

Read also: Newly Wedded Bride Laments After Her Much Anticipated Wedding Night Fantasy Got Ruined

But speaking at a Press Conference, Information Minister Kojo Oppong Nkrumah, clarified that the amount quoted by the media was for just two items under the COVID-19 related expenditures.

The GHS1.7 billion reflects expenditure on only 2 items under the COVID-19 related expenditure, paragraph 3 says, as at the end of December 2020 Ghana incurred revenue shortfall of GHS11 billion and expenditure increase of GHS14 billion. So if you are looking for the true fiscal impact, it is a combination of these two that will give you the true fiscal impact. The amount of GHS16.8 billion paragraphs 4 referred to under page 12 (b) is only providing information on the sources of financing and the fiscal gap resulting from the COVID-19 pandemic, so we encourage you to pay some attention to this one.

Source: thedistin.com

Source link

spot_img
spot_img
RELATED ARTICLES

Most Popular