MyJoyOnline· 7h ago· 1 min read
Finance Minister Dr Cassiel Ato Forson has revealed that government had to rely on an alternative source of funding after the country’s main constitutional emergency fund was blocked by a High Court garnishee order.
Speaking on Joy News’ PM Express hours after presenting the Mid-Year Budget to Parliament on Thursday, Dr Forson said government had planned to use the constitutional contingency fund to support flood response efforts but discovered that the account could not be accessed.
He explained that Ghana has two main contingency funding arrangements, including a constitutional fund created under Article 177(1) of the Constitution.
“Let me put it this way: contingency money for the Republic of Ghana. One is a creation of the Constitution, Article 1771 of the Constitution, and this is the only emergency fund the Constitution created for the Republic of Ghana,” he said.
According to…
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