Common Fund Delay: Naa Torshie, Ken Ofori Atta to appear before Parliament today

The Common Fund Administrator, Irene Naa Torshie Addo, and the Finance Minister, Ken Ofori-Atta are both scheduled to appear before parliament today November 12, 2019 following the delay in the disbursement of the District Assemblies Common Funds (DACF).

Member of Parliament for Ningo-Prampram last week on the floor, demanded that the Common Fund Administrator be summoned together with the Finance Minister to respond to the questions tabled by the Minority in relation to government’s failure to release cash to the Metropolitan, Municipal and District Assemblies (MMDAs).

Majority Leader Osei Kyei-Mensah-Bonsu, however, revealed that second-quarter arrears of the District Assemblies’ Common Fund (DACF) has just been paid in response to minority agitations over the matter.

“We are aware that the DACF is in arrears of the second quarter and that payment has been effected. There have been areas but as we speak today, payments have been effected.”

“For the third quarter, if it goes beyond December, then we can talk about arrears. Payment should be done within this period that is anytime from now till December,” he said.

Meanwhile, Finance Minister Ken Ofori-Atta, will present the 2020 Budget Statement and Economic Policy to Parliament on Wednesday, November 13, 2019.