The Government of Ghana has announced that it has budgeted 220 million to support the relief for the communities affected by the Akosombo Dam spillage as well as floods upstream in the Oti Savannah and Bono East regions.
The Minister of Finance, Ken Ofori-Atta made these known while presenting the 2024 budget on the floor of Parliament on Wednesday.
"On the Akosombo Dam Spillage The government of Ghana has budgeted 220 million to support the relief for the communities affected by the spillage as well as floods upstream in the Oti Savannah and Bono East regions"
He added that visit of the officials of the Ministry of Finance to the victims was truly revealing, adding they empathize with the affected families.
The Finance Minister hinted that his Ministry was quickened to have requested funding from the World Bank under the crisis response window to support the victims.
"We have worked hard and invested significant resources and I can confidently assert that every household has been impacted by our social intervention projects"
The Minister also revealed that in the past 7 years government has invested over 32.7 billion to keep the lights on and support the growth of businesses.
On the creationof jobs, Ken Ofori-Atta said "We have created over 2.3 million jobs in the private and public sectors"
The Minister disclosed that Ghana's economy projected to be valued over GH¢1 trillion in 2024 from the GH¢219.5 billion in 2016.
"Cedi depreciated 3.6% since feb 2023. Public debt has slowed down significantly to 66% of GDP", he revealed.
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