By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Starr FmStarr FmStarr Fm
  • Home
  • Election Hub
  • General
    GeneralShow More
    NPP chairmanship race: John Boadu’s support extends beyond the party – Campaign spokesperson
    September 30, 2026
    NPP’s 2024 setback linked to loss of experienced leadership – Peter Antwi Boasiako
    September 30, 2026
    Independent football regulator needed to reform Ghana football – Ekow Asmah
    September 30, 2026
    GIABA urges West African journalists to step up investigative reporting against financial crimes
    September 30, 2026
    Being a woman is not a licence to criminality – Julius Karl Fieve
    September 30, 2026
  • Business
    BusinessShow More
    GoldBod generates US$1.87bn in FX from gold trading in September, exceeds target
    September 30, 2026
    GRA hails Ghana’s victory after tribunal upholds US$393m Tullow tax bill
    September 30, 2026
    Scrap premix fuel subsidy to curb diversion, smuggling – Energy Analyst
    September 30, 2026
    Ghana wins $393M tax dispute against Tullow – Finance Minister
    September 30, 2026
    NPA pledges regulatory support as Puma Energy expands LPG investment
    September 30, 2026
  • Politics
    PoliticsShow More
    NPP chairmanship race: John Boadu’s support extends beyond the party – Campaign spokesperson
    September 30, 2026
    NPP’s 2024 setback linked to loss of experienced leadership – Peter Antwi Boasiako
    September 30, 2026
    Being a woman is not a licence to criminality – Julius Karl Fieve
    September 30, 2026
    Court grants EOCO arrest warrant to arrest Manhyia South MP
    September 30, 2026
    NPP sets October 3 for national officers elections
    September 30, 2026
  • Entertainment
    EntertainmentShow More
    Lalid promises an intimate musical experience at LALID LIVE
    September 26, 2026
    Black Sherif calls for collective effort to put Ghanaian music global
    September 25, 2026
    Jay-Z Accuser recants Sexual Assault Allegations, Admits She ‘Never Met’ the Rapper
    September 25, 2026
    Former Miss Jamaica sues Miss Universe over onstage fall
    September 25, 2026
    Maxzy speaks to the confident queens with catchy new anthem ‘Fine Shii’
    September 25, 2026
  • Sports
    SportsShow More
    Independent football regulator needed to reform Ghana football – Ekow Asmah
    September 30, 2026
    Black Stars not the problem despite Gambia defeat – Carlos Queiroz
    September 30, 2026
    Black Stars stung by Scorpions of Gambia in unbelievable 4-2 comeback win
    September 30, 2026
    FNB Accra Marathon set for November 14 with new route, medals
    September 29, 2026
    Black Challenge unveiled with sights set on Amputee World Cup glory
    September 29, 2026
  • Technology
    TechnologyShow More
    Create Ghana-specific TikTok guidelines to curb harmful content – Michael Donyina Mensah
    September 18, 2026
    Govt should prevent harmful content from going viral rather than rely on arrests – CenPOA Director
    September 18, 2026
    Samsung Galaxy S26 FE Delivering Latest Flagship AI, Camera Experiences
    August 27, 2026
    YEA CEO urges youth to avoid recording private sexual activities amid rise in leaked videos
    August 20, 2026
    Here’s Why Samsung Galaxy Z Fold8 Is Perfect Device for Your Favourite Content – Pre-Order Today!
    August 18, 2026
  • International
    InternationalShow More
    Ghana sees geopolitical crisis as opportunity to end dependence – Ablakwa
    September 29, 2026
    Africa will not be forced to choose sides in global power rivalry – Ablakwa
    September 29, 2026
    Ross Everett joins Yellow Card as Group CFO to drive global expansion
    September 25, 2026
    Helmet & Armour showcases Ghanaian craftsmanship at Vienna Fashion Week with EL-ROI 2026 collection
    September 24, 2026
    UN Charter must reign supreme over ‘might makes right’ – John Mahama
    September 24, 2026
  • Factometer
Search
© 2024 EIB Network Ltd. All Rights Reserved.
Reading: Ghc1.66 bn ready for disbursement for 275 constituencies
Share
Notification Show More
Font ResizerAa
Starr FmStarr Fm
Font ResizerAa
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Search
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Have an existing account? Sign In
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
BusinessHeadlines

Ghc1.66 bn ready for disbursement for 275 constituencies

Starrfm.com.gh By Starrfm.com.gh Published July 15, 2019
Share
Finance Minister, Ken Ofori-Atta
SHARE

The Ministry of Finance (MoF) has granted letters of commencement to the three development authorities to commence the full implementation of the $1-million per constituency pledge under the Infrastructure for Poverty Eradication Programme (IPEP) for the 2020 fiscal year.

The commencement certificate makes available GH¢1.66 billion (equivalent of $320 million) for the 275 constituencies across the country.

This covers $275 million for the  275 constituencies and $45 million for outstanding commitments.

The IPEP, commonly known as One Million Dollars Per Constituency, is a government initiative aimed at meeting critical infrastructural needs identified by local actors at the constituency level.

Background

In the run-up to the 2016 elections, the New Patriotic Party (NPP) promised to eradicate poverty and minimise inequality among socio-economic groups within geographical areas through the direct provision of basic infrastructure at the constituency level, especially in rural and deprived communities.

“To attain this, the IPEP will be the main vehicle to direct capital expenditure towards constituency-level specific infrastructure and economic development,” a statement from the Jubilee House said.

It said under the IPEP, each of the 275 constituencies was allocated the equivalent of $1 million annually to be invested in infrastructural development initiatives of its choice, managed and implemented by the three development authorities (the Northern Development Authority, the Middle Belt Development Authority and the Coastal Development Authority).

The IPEP is under the Office of the President and supervised by the Minister responsible for Special Development Initiatives.

The infrastructure projects to be implemented will support and complement other government infrastructure projects.

Allocation

According to the statement, since 2017, there had been budgetary allocations to every constituency in the country.

“However, due to the time it took to establish the three development authorities, the One Million Dollar Per Constituency has been temporarily administered through the Minister for Special Development Initiatives.

“The three development authorities have since been established by an act of Parliament and are fully operational.

Therefore, the government has issued commencement letters to cover the full amount of the cedi equivalent of $1 million to all three development authorities to commence the implementation of constituency-specific infrastructure needs,” it explained.

It said the IPEP was to ensure a bottom-up development approach where the infrastructural needs of every constituency would be collated, prioritised and provided through the allocated funds.

Infrastructural projects such as drainage systems, footbridges, community town centres, reshaping roads, renovation of schools, provision of desks for schools and many more were being undertaken in all constituencies across the country, the statement said.

Needs assessment

Needs assessment of every constituency in the country had been conducted to ascertain the basic infrastructure priorities of each constituency for which the IPEP funds should be applied over the next couple of years, it said.

It added that the needs assessment was continually updated to capture the revolving basic infrastructural needs of all constituencies.

“Infrastructure plays a well-documented role in economic development and poverty eradication.

Consequently, the administration of President Nana Addo Dankwa Akufo-Addo is deeply committed to closing Ghana’s infrastructure and poverty gap, which is currently estimated at $30 billion.

“The government has expressly demonstrated its commitment by making funds available for basic infrastructural projects in every constituency across the country,” the statement noted.

Source: Jubilee House

You Might Also Like

NPP chairmanship race: John Boadu’s support extends beyond the party – Campaign spokesperson

NPP’s 2024 setback linked to loss of experienced leadership – Peter Antwi Boasiako

Independent football regulator needed to reform Ghana football – Ekow Asmah

GIABA urges West African journalists to step up investigative reporting against financial crimes

Being a woman is not a licence to criminality – Julius Karl Fieve

TAGGED:ofori atta
Share This Article
Facebook Twitter Email Print
Share
Previous Article E/R: 18yr old mother buries baby alive after delivery
Next Article 50 suspected illegal miners arrested

Starr 103.5FM

Starr FmStarr Fm
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
newsletter icon
Join Us!

Subscribe to our newsletter and never miss our latest in news, podcasts etc..

[mc4wp_form]
Zero spam, Unsubscribe at any time.
adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Lost your password?