$100 Million COVID-19 cash is ready – Finance Minister

The Finance Minister, Mr Ken Ofori-Atta has told Parliament that the government has secured the $100 million it earmarked in March this year for the fight against COVID-19 in the country.

He said the amount, equivalent to GHȼ572 million, was available to be disbursed in accordance with the country’s public financial management procedures and rules.

On March 11, this year, the President, in a state broadcast, announced the release of $100 million to enhance the country’s preparedness and response plan towards the prevention of COVID-19.

Appearing before Parliament to provide an update on the impact of the COVID-19 pandemic on the economy and measures the government was taking to mitigate the impact, Mr Ofori-Atta sai;

“Mr Speaker, as announced by President Nana Akufo-Addo on March 11, 2020, during his first broadcast on the coronavirus pandemic, the government has earmarked the cedi equivalent of US$100 million for the fight against COVID-19,”

“Contrary to views of some sceptics that the money is not available, I wish to assure you that the money has been secured and is available to be disbursed in accordance with our public financial management procedures and rules.

“Indeed, from day one, the government has not stopped spending in the fight against Covid-19,” he stated.

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