• Latest
  • Trending

Finance Minister directs Assemblies to allocate 25% of DACF to 24-Hour Model Markets

June 4, 2025
ALX Scales Its Enterprise Offering to Build AI Ready Workforces Across Africa

ALX Scales Its Enterprise Offering to Build AI Ready Workforces Across Africa

August 6, 2026
She held the mic at the World Cup. Ghana, meet your hypewoman.

She held the mic at the World Cup. Ghana, meet your hypewoman.

August 6, 2026
'Nothing Should Disturb the Peace at Commonwealth Hall' – Deputy Education Minister Clement Apaak

‘Nothing Should Disturb the Peace at Commonwealth Hall’ – Deputy Education Minister Clement Apaak

August 6, 2026
All Set for Spirit Festival with Fameye, Ofori Amponsah, Cina Soul

All Set for Spirit Festival with Fameye, Ofori Amponsah, Cina Soul

August 4, 2026
Ghana Entertainment Awards USA 2026 Returns on September 26

Ghana Entertainment Awards USA 2026 Returns on September 26

August 3, 2026
2026 Glasgow: Ghana Men’s 4x100m Relay Team have booked their place in the Commonwealth Games Final

UPDATE: Ghana Men’s 4x100m Relay Team Finishes 4th After Canada Protest Upheld

August 2, 2026
2026 Glasgow: Sports Fund to Boost Technical Support for Black Bombers – Dr Wuaku

2026 Glasgow: Sports Fund to Boost Technical Support for Black Bombers – Dr Wuaku

August 1, 2026
Black Bombers and Black Hitters Head Coach Ofori Asare

Black Bombers Coach Ofori Asare Defends Team After Poor Commonwealth Games outing

August 1, 2026
2026 Glasgow: Ghana Men’s 4x100m Relay Team have booked their place in the Commonwealth Games Final

2026 Glasgow: Ghana Men’s 4x100m Relay Team have booked their place in the Commonwealth Games Final

August 1, 2026
NSA Assures Black Bombers, Black Hitters of Continued Support After Glasgow Setbacks

NSA Assures Black Bombers, Black Hitters of Continued Support After Glasgow Setbacks

August 1, 2026
Generational Women’s Leadership Succession: Pangea and Black Star Africa acquire majority stake in Eden Tree Ghana, Securing Landmark Secondary Exit for I&P

Generational Women’s Leadership Succession: Pangea and Black Star Africa acquire majority stake in Eden Tree Ghana, Securing Landmark Secondary Exit for I&P

July 31, 2026
Amadu

Amadu Mohammed misses out on final but secures bronze for Ghana in Glasgow

July 31, 2026
Happy Ghana
No Result
View All Result
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live
No Result
View All Result
Happy Ghana
No Result
View All Result
Home News

Finance Minister directs Assemblies to allocate 25% of DACF to 24-Hour Model Markets

in News, Top Story
Share on FacebookShare on TwitterShare on Whatsapp
The Ministry of Finance on Tuesday, June 3 announced the transfer of GHS 987,965,073 into the District Assemblies Common Fund (DACF) account from the Consolidated Fund, aimed at enhancing infrastructure and service delivery at the local level.
A statement from the Ministry on Wednesday, June 4, noted that the funds must be allocated strictly in accordance with newly issued guidelines to ensure transparency, accountability, and impact in local governance.
Outlined in the guidelines, 25% of the transferred funds are to be used for the design and construction of 24-Hour Economy Model Markets in line with the government’s economic transformation agenda.
Each Assembly is also mandated to allocate:
1. 10% for the construction of health facilities, including a minimum of two CHPS compounds;
2. 10% for building educational infrastructure (one KG block, one primary school block, and one junior high school block);
3.10% for the provision of potable water, with a minimum of 10 boreholes earmarked for rural Assemblies;
4.10% for environmental sanitation efforts, including solid and liquid waste management;
5. 10% for the supply of school furniture;
6.5% for the administration of the Assemblies, covering monitoring and evaluation.
Significantly, the Ministry has directed Assemblies to prioritize the completion of abandoned and uncompleted projects initiated by the Middle Belt Development Authority, Coastal Development Authority, and the Northern Development Authority. These legacy projects have been left dormant across many districts, posing both developmental and financial concerns.
Finance Minister Dr. Cassiel Ato Forson emphasized the need for responsible management of public funds to accelerate local development and address the pressing needs of communities.
Tags: 24-hour economyDACFDr. Cassiel Ato Forson

Subscribe to receive notification everytime a new post is published. We promise to be discrete.

Unsubscribe
Previous Post

Oral Team report: Mahama confirms 33 corruption cases underway against former officials

Next Post

School children suffer severe burns from fallen high-tension cable

Next Post
School children suffer severe burns from fallen high-tension cable

School children suffer severe burns from fallen high-tension cable

Search

No Result
View All Result

Listen Live

Happy Kaseɛbɔ 600AM news bulletin
Happy Kaseɛbɔ 600AM news bulletin

BBC Match of the Day Africa

ADVERTISEMENT
Happy Ghana

Recent News

  • ALX Scales Its Enterprise Offering to Build AI Ready Workforces Across Africa
  • She held the mic at the World Cup. Ghana, meet your hypewoman.
  • ‘Nothing Should Disturb the Peace at Commonwealth Hall’ – Deputy Education Minister Clement Apaak
  • About
  • advertise
  • Privacy Policy
  • Contact Us

© 2025 Happy FM – Powered by Ghana’s leading radio network. Designed with passion by Global Media Alliance.

No Result
View All Result
  • Home
  • News
  • Sports
    • International Sports
    • Afcon2017
    • Afcon2019
    • Corporate Knockout
    • U17 World Cup
    • World Cup 2018
  • Entertainment
  • Business
  • Bizarre
  • Feature
  • More
    • Technology
    • Opinion
    • Lifestyle
  • Listen Live

© 2025 Happy FM – Powered by Ghana’s leading radio network. Designed with passion by Global Media Alliance.