THE MINISTRY of Finance (MoF) has granted letters of commencement to the three development authorities in the country to commence full implementation of the $1 million per constituency pledge under the Infrastructure for Poverty Eradication Programme (IPEP) for the 2020 fiscal year.
The commencement certificate makes available GH¢1,664 million (equivalent to $320 millions) for the 275 constituencies across the country. This covers $275 million dollars for the 275 constituencies and $45 million for outstanding commitments.
The IPEP, more commonly known as One-Million-Dollars-Per-Constituency, is a flagship government initiative aimed at meeting critical infrastructure needs identified by local actors at the constituency level.
In the run-up to the 2016 election, government promised to eradicate poverty and minimise inequality among socio-economic groups within geographical areas through direct provision of basic infrastructure at the constituency level, especially in rural and deprived communities. To attain this, IPEP will be the main vehicle to direct capital expenditure towards constituency level specific infrastructure and economic development priorities.
Under IPEP, each of the 275 constituencies is allocated the equivalence of $1 million annually to be invested in infrastructural development initiatives of their choice, managed and implemented by the three development authorities (Northern Development Authority, Middle Belt Development Authority and Coastal Development Authority), under the office of the president, supervised by the minister responsible for special development initiatives.
The infrastructural projects to be implemented will support and complement other government infrastructural projects.
Since 2017, there has been budgetary allocation for every constituency in the country. However, due to the time it took to establish the three development authorities, the one $1 million per constituency has been temporarily administered through the minister for special development initiatives.
The three development authorities have since been established by an act of Parliament and fully operational. Therefore, government has issued commencement letters to cover the full amount of cedi equivalence of 1 million US dollar to all three development authorities to commence the implementation of constituency specific infrastructure needs.
This project is to ensure bottom-up development approach where the infrastructure needs of every constituency will be collated, prioritised and provided through the allocated funds. Infrastructural projects such as drainage systems, footbridges, community town centres, reshaping roads, renovation of schools, provision of desks to schools, and many more are being undertaken in all constituencies across the country.
Consequently, the Akufo-Addo administration is deeply committed to closing Ghana’s infrastructure and poverty gap, which is currently estimated at $30 billion.
Source: Daily Guide
Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority. |
This is for 2020 fiscal year, where are the others? 2017 one million, 2018 one million and 2019 one million? Am not sure someone will say those have already been released. Because if 3 million dollars have already been released and Ghana is still like this with the refuse that has engulfed the capital of GHANA, then the money dey pockets of some people. But if the 2017, 2018 and 2019 3 million dollars have not been released the why calling this one 2020 one million dollors?
From where? there is no budgetary allocation in 2019
Its not true oo. its just public gimmick
"Since 2017, there has been budgetary allocation for every constituency in the country. However, due to the time it took to establish the three development authorities, the one $1 million per constituency has been temporarily administered through the minister for special development initiatives." How was it ADMINISTERED? If Parliament has passed laws to establish the Dev. Authorities, why not release the monies to cover at least this year? Why rush to release it for 2020 in the middle of 2019? I can't think far.
Promise never fail. Thank you Mr President and Vice. Ghanaians can now see some some amount of transparecy and commitment to good governance and development in Ghana unlike before, though with challenges inherited. It shall be well for GH. Peace
Good one there
Great News, At least sums of money ain't being stolen like it was in the past but rather given to the constituencies. We hope it will be well managed in order to fix roads and build more things needed by the constituents.
I think the government have done very well. at least another promise fulfilled..... may Allah Grant u a second term, ameen.
YOU THINK WE ARE ***barred word*** 2020 NOWAY WIL GO TO OPOSITION 3YEARS NOW IN POWER ***barred word*** PRESIDENT