{"id":163646,"date":"2024-03-20T14:08:33","date_gmt":"2024-03-20T14:08:33","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/03\/20\/parliament-threatens-action-against-finance-ministry-over-gh%c2%a26bn-common-fund-arrears\/"},"modified":"2024-03-20T14:08:33","modified_gmt":"2024-03-20T14:08:33","slug":"parliament-threatens-action-against-finance-ministry-over-gh%c2%a26bn-common-fund-arrears","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/03\/20\/parliament-threatens-action-against-finance-ministry-over-gh%c2%a26bn-common-fund-arrears\/","title":{"rendered":"Parliament threatens action against Finance Ministry over GH\u00a26bn Common Fund arrears"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Joseph Osei-Owusu, the First Deputy Speaker of Parliament, has indicated that the House may need to confront the Finance Ministry if it does not provide clarity on its indebtedness to the District Assembly Common Fund by the conclusion of June 2024.<\/p>\n<p>This concern has been prompted by revelations made by Benjamin Kpodo, the Member of Parliament for Ho Central, regarding the Finance Ministry\u2019s outstanding debt of over GH\u00a26 billion to the District Assembly Common Fund due to irregular fund disbursements.<\/p>\n<p>Despite reassurances from Deputy Finance Minister Abena Osei-Asare regarding the government\u2019s commitment to settling these arrears, Osei-Owusu insists on tangible evidence and a reconciliation of financial figures.<\/p>\n<p>Emphasizing the urgency of the situation, Osei-Owusu has demanded a comprehensive report by the end of June.<\/p>\n<p>He stressed the importance of resolving these outstanding arrears promptly to ensure that the financial needs of the assemblies are met efficiently.<\/p>\n<p>\u201cI have listened to the Minister of Finance designate but I want to see evidence and be satisfied that the figures put out by Kpodo and the Ministry of Finance have been reconciled and we can put our hearts to it that these are the exact figures, otherwise, we will have to stand against the Ministry of Finance. Because when it comes to the Common Fund, we must assert our authority as a House.<\/p>\n<p>\u201cSo, we are looking forward to a report and I hope that by the end of June, we will have a report and all the arrears will be available and the assemblies will get sufficient funds.\u201d<\/p>\n<hr\/>\n<p><em><strong>Explore the world of impactful news with CitiNewsroom on WhatsApp!<\/strong><\/em><\/p>\n<p><em><strong>Click on the link to join the Citi Newsroom channel for curated, meaningful stories tailored just for YOU: https:\/\/whatsapp.com\/channel\/0029VaCYzPRAYlUPudDDe53x<\/strong><\/em><\/p>\n<p><em><strong>No spams, just the stories that truly matter! #StayInformed #CitiNewsroom #CNRDigital<\/strong><\/em><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Joseph Osei-Owusu, the First Deputy Speaker of Parliament, has indicated that the House may need to confront the Finance Ministry if it does not provide clarity on its indebtedness to the District Assembly Common Fund by the conclusion of June 2024. This concern has been prompted by revelations made by Benjamin Kpodo, the Member of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":163647,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-163646","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Parliament threatens action against Finance Ministry over GH\u00a26bn Common Fund arrears - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2024\/03\/20\/parliament-threatens-action-against-finance-ministry-over-gh\u00a26bn-common-fund-arrears\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Parliament threatens action against Finance Ministry over GH\u00a26bn Common Fund arrears - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"Joseph Osei-Owusu, the First Deputy Speaker of Parliament, has indicated that the House may need to confront the Finance Ministry if it does not provide clarity on its indebtedness to the District Assembly Common Fund by the conclusion of June 2024. 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