Dr. Edward Doe Adjaho, Speaker of Parliament
Dr. Edward Doe Adjaho, Speaker of Parliament
Dr. Edward Doe Adjaho, Speaker of Parliament
Dr. Edward Doe Adjaho, Speaker of Parliament

Parliament has approved of the formula for the sharing of the District?Assemblies Common Fund (DACF) for the year 2014.

Metropolitan, Municipal and Districts Assemblies (MMDAs) in the country?are to receive a total of GH?1.4 billion to finance their development?projects.

The DACF represents 7.5% of the total revenue of Ghana allocated to?MMDAs to finance their development projects as enshrined in Article 252(2)?and the DACF 1993 Act 455 of the 1992 Constitution.

The development of the formula took into consideration the basic needs?approach to development as well as other indicators including health and?education services, water and tarred road coverage.

Source: Andrews Nettey

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.