GH¢24.8bn paid to statutory funds on time and in full — Ato Forson
According to him, the payments reflect a departure from the delays, capping and arrears that previously affected the release of statutory funds.
Finance Minister Dr. Cassiel Ato Forson revealed that the government disbursed GH¢24.8 billion to statutory funds between January 2026 and the present, ensuring timely and full payments. This shift marks a departure from the past pattern of delays, capping, and arrears that had previously plagued the release of statutory funds. Dr. Forson emphasized that the new approach guarantees statutory funds sufficient resources to deliver essential services mandated by law.
The announcement comes after the release of the third-quarter statutory funds for 2026, which encompassed various programs and funds such as the Ghana Education Trust Fund, Free Senior High School Programme, District Assemblies Common Fund, National Health Insurance Fund, and Ghana Medical Trust Fund, among others. These payments play a crucial role in supporting vital services impacting the daily lives of Ghanaians and enabling the institutions responsible to effectively plan and execute their duties.
Written by urgent.news from MyJoyOnline Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.