Finance Minister Dr. Cassiel Ato Forson has disclosed that all statutory funds due for the first quarter of 2025 have been fully and promptly disbursed.
Addressing Parliament on Tuesday, June 3, Dr. Forson said the transfers represent a significant improvement in government compliance with its statutory obligations.
“I’m pleased to report that under the leadership of President John Dramani Mahama, and the NDC, for the first time in several months, transfers to all Statutory Funds have been made promptly and in full. Mr. Speaker, we have not just made them but also in full,” he said.
The Minister revealed that the Ghana Education Trust Fund (GETFund) has received a total of GH¢2,710,227,947 for the first quarter—covering January, February, and March—to address challenges facing the Free Senior High School (SHS) project.
“Similarly, the GETFUND has received a total of two billion, seven hundred and ten million, two hundred and twenty-seven thousand nine hundred and forty-seven Ghana cedis, for the months of January, February and March. All transferred and received by the GETFUND,” he stated.
On the National Health Insurance Fund (NHIF), Dr. Forson announced that GH¢2,033,469,607 has been disbursed for the same period.
“Notably, all transfers due to the NHI fund for the period covering January, February and March have been paid in full. A total amount of two billion, thirty-three million, four hundred and sixty-nine thousand, six hundred and seven Ghana cedis has been disbursed to the NHI fund, and they have received the funds,” he told the House.
He added that the timely release of funds has enabled the National Health Insurance Scheme (NHIS) to settle arrears owed to healthcare providers and support key initiatives such as the Free Primary Healthcare programme and the Ghana Medical Care Trust Programme, also known as MahamaCares.
“These disbursements have enabled the NHI Scheme to settle arrears owed to health care providers and to implement the free primary healthcare and the Ghana Medical Care Trust Programme otherwise known as MahamaCares,” he said.
The Finance Minister emphasized that these efforts reflect the Mahama administration’s renewed commitment to efficient public financial management and social investment.
Source: Leticia Osei