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Business News of Saturday, 9 November 2019

Source: www.citinewsroom.com

Release outstanding DACF ahead of 2020 budget presentation – Minority demands

The First Deputy Minority Chief Whip, Ahmed Ibrahim, has warned that the Minority may stay away from the 2020 budget presentation and its approval processes if the government fails to release the outstanding portions of the District Assemblies Common Fund (DACF) for this year.

According to the Minority, only funds for the first quarter as at now have been released to the Metropolitan, Municipal and District Assemblies (MMDAs).

This they say has stalled development projects and programs across the country.

Speaking to Citi News, Ahmed Ibrahim called on the government to release the funds before the budget is read.

“If he doesn’t release the money for the assemblies to work, then he has no right to bring another budget for us to pass it for him. In the budget presentation, we are not only approving the budget for the payment of salaries. We are proving the budget for Ghanaians to have the comfort for problems to be fixed.”

The presentation of the 2020 budget has been tentatively scheduled for November 13, 2019.

Capping DACF

Government decided to cap funds allocated to the DACF, a move the Supreme Court had described as unconstitutional.

In a unanimous judgment, a seven-member panel of the court held that the inclusion of the DACF as part of the statutory funds that would be capped per the Earmarked Funds Capping and Realignment Act, 2017(Act 947) violated Article 252 Clause 2 of the 1992 Constitution.