GH¢24.8 Billion Paid In Full – Ato Forson Makes Major Announcement On Statutory Funds

According to a report by TV3 News on Wednesday October 21, 2026, Finance Minister Dr Cassiel Ato Forson has announced that the government has paid GH¢24.8 billion into statutory funds, stating that the payments were made on time and in full.

The announcement highlights the government’s reported funding of statutory institutions and programmes that depend on legally mandated allocations to carry out their responsibilities.

Statutory funds are established under specific laws to support designated national priorities, including education, healthcare, local development and social protection.

Their funding is intended to ensure that resources are available for essential public services and development initiatives.

According to Dr Ato Forson, the GH¢24.8 billion payment demonstrates that the government has met its obligations to these funds without delays or shortfalls in the reported payments.

The timely release of statutory allocations is an important issue in public financial management, as delays can affect the ability of beneficiary institutions to implement programmes, settle outstanding commitments and deliver services to the public.

For local authorities and institutions that rely on statutory funding, predictable disbursements can also support planning, budgeting and the execution of development projects.

However, the announcement does not specify the period covered by the GH¢24.8 billion figure or provide a breakdown of the amounts allocated to individual statutory funds.

Further details would be needed to establish how the payments were distributed and the specific programmes that benefited.

The statement is expected to draw attention to the government’s approach to managing public funds and meeting its statutory financial commitments.

As discussions continue over public expenditure and the delivery of essential services, the reported payments will likely remain part of the broader conversation about government funding, fiscal discipline and accountability.

Dr Ato Forson’s announcement places emphasis on the government’s claim that the statutory allocations were paid on time and in full, although detailed financial records and a fund-by-fund breakdown would provide a clearer picture of the payments and their impact.

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