Finance Ministry reveals amount spent so far

The Finance Ministry has revealed that an amount of GH₵339,003,064.86 has so far been released for the National Cathedral project.

Out of this amount, the Ministry has explained GH₵113,040,654.86 has been paid to the consulting firm for the project, Messers Sir David Adjaye and Associates.

The Ministry added the latest amount spent was GH₵25million in March 2022, which was the Government of Ghana’s contribution.

These were contained in a document from the Ministry to the parliamentary Adhoc Committee following a request.

In relation to the payment made to IPPs, the Ministry disclosed a total amount of GH₵17.31 billion was paid.

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The beneficiary IPPs include; Karpower, Cenpower, Amandi Energy, Sunon Asogli, Ameri Energy and AKSA.

Out of this, GH₵10.01 billion was also paid as a shortfall in capacity and GH₵4.99 billion was used as excess capacity payments while the remaining GH₵7.31 billion was used for payments to fuel suppliers for the period mentioned.