OVER GHS980 MILLION TRANSFERRED TO DISTRICT ASSEMBLY COMMON FUND ACCOUNT — ATO FORSON
HENRY GERCHI
JHNews - OVER GHS980 MILLION TRANSFERRED TO DISTRICT ASSEMBLY COMMON FUND ACCOUNT — ATO FORSON.
Finance Minister Dr. Cassiel Ato Baah Forson has announced the transfer of GH¢987,965,730 into the District Assemblies Common Fund (DACF) as the first-quarter allocation for 2025.
Addressing Parliament on Tuesday, June 3, Mr. Ato Forson said the funds were released from the Consolidated Fund to the DACF on Monday, June 2, as part of government’s commitment to strengthening local governance.
“As of June 2 2025 the DACF has received and we have transferred the sum of GHC987,965.73 from the Consolidated Fund to the DACF,” he said.
He explained that the amount represents the first-quarter disbursement due for 2025, and stressed that 80% of the funds must be transferred directly to the district assemblies without fail.
“Being the first quarter amount due the DACF, for the year 2025. The Administrator of the DACF is required to ensure that 80% of this amount is transferred directly to the district assemblies without fail. And the expenditure returns submitted to the Ministry of Finance before any subsequent release will be made,” he added.
Dr. Baah Forson also charged Members of Parliament to actively monitor the use of the funds in their constituencies to ensure they are utilised in accordance with cabinet-approved directives.
“Hon. Members of Parliament are also encouraged to monitor the utilisation of this amount sent to their respective district assemblies in line with the approved guidelines by the cabinet of President John Dramani Mahama,” he urged.
Speaking on the floor of the House, Dr. Forson emphasized that a minimum of GHS25 million will be paid to all Metropolitan, Municipal, and District Assemblies (MMDAs).
He disclosed that the District Assemblies Common Fund (DACF) Administrator has received GHS986 million, and not less than 80% of the funds must go directly to the MMDAs.
He stressed that the funds must be allocated as follows: 10% each for health, education, and completion of legacy projects, 5% for administrative use, and 15% for the construction of markets.
Additionally, he stated that an amount of GHS2.3 billion has been paid to the National Health Insurance Scheme (NHIS) fund, covering payments for the period from January to March 2025.
On the Ghana Education Trust Fund (GETFund), the Minister informed Parliament that a total of GHS2.7 billion has been released.
Dr. Forson warned all MMDAs to prudently apply the funds as directed. He added that the DACF Administrator must present expenditure reports and performance reviews before any further releases.
