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Parliament Approves GHC1.8 Billion for DACF

General News

Parliament yesterday approved an amount of GHC1.812, 144, 435.00 for the District Assemblies Common Fund for disbursement to the Metropolitan, Municipal, District Assemblies for 2018.

Parliament yesterday approved an amount of GHC1.812, 144, 435.00 for the District Assemblies Common Fund for disbursement to the Metropolitan, Municipal, District Assemblies for 2018.

 

This amount was based on 5% of projected national tax revenue for 2018.

A significant amount of this will be used to finance government priority projects which include GHC300million for the National Builders Corps, GHC 423,795,450 for the School Feeding Programme and GHC 300 million for Planting for Food and Jobs.

Accordingly, an amount of GHC 788,348,985,000 will be available to the Metropolitan, Municipal and District Assemblies for other projects.

The Committee observed that the capping of earmarked funds as provided for by the Earmarked Funds Capping and Realignment Act, 2017 (Act 947) had drastically reduced funds that should accrue to the DACF.

The Committee observed that the amount left for the Fund to disburse to the various MMDAs is woefully inadequate meaning that the shortfall will seriously impair the planned activities of the MMDAs who needed these funds to complete the numerous projects being undertaken by the Assemblies.

However, the Committee was informed that a total of 38 new Assemblies have been established, bringing the total number of MMDAs to benefit from the Fund in 2018 to 254.

Consequently, the 38 new MMDAs were recently inaugurated, the Administrator could not provide separate data on the affected Assemblies.

She indicated that the new Assemblies would have to depend on the data of their parent Assemblies, for their share of the Fund.