• Latest
  • Trending

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

June 4, 2025
Telecel Employees Drive Digital Inclusion with ICT Lab Upgrade in Bamboi

Telecel Employees Drive Digital Inclusion with ICT Lab Upgrade in Bamboi

April 22, 2026
British Council, My Runway Group Accelarator Programme Targets Ghanaian Fashion Entrepreneurs for Global Impact

British Council, My Runway Group Accelarator Programme Targets Ghanaian Fashion Entrepreneurs for Global Impact

April 22, 2026
Fidelity Bank Expands Orange Impact Initiative with New School Projects in Tema and Assin Wurakese

Fidelity Bank Expands Orange Impact Initiative with New School Projects in Tema and Assin Wurakese

April 22, 2026
OISL empowers women's health with Free NHIS Registration and Renewal for clients

OISL empowers women’s health with Free NHIS Registration and Renewal for clients

April 22, 2026
Telecel Powers Music & Culture at TGMA Xperience Concert

Telecel Powers Music & Culture at TGMA Xperience Concert

April 21, 2026
Western North: Essam Debiso Hospital, NAS conduct emergency preparedness simulation

Western North: Essam Debiso Hospital, NAS conduct emergency preparedness simulation

April 21, 2026
NAS trains over 50 YEA staff in Basic Life Support Skills

NAS trains over 50 YEA staff in Basic Life Support Skills

April 21, 2026
National Ambulance Service refutes claims of using tricycles and motorbikes as ambulances

National Ambulance Service refutes claims of using tricycles and motorbikes as ambulances

April 21, 2026
BoG classifies digital earnings as service exports, assures creators of regulatory support

BoG classifies digital earnings as service exports, assures creators of regulatory support

April 21, 2026
NPP to stage ‘Yen Suro Ahunahuna’ protest in Sunyani over arrest of members

NPP to stage ‘Yen Suro Ahunahuna’ protest in Sunyani over arrest of members

April 21, 2026
NSA cuts payroll from GH¢1.6bn to GH¢700m after tightening verification systems

NSA cuts payroll from GH¢1.6bn to GH¢700m after tightening verification systems

April 21, 2026
Anti-LGBTQ+ Bill before Constitutional Committee as deliberations set for April 23 — Ahmed Ibrahim

Anti-LGBTQ+ Bill before Constitutional Committee as deliberations set for April 23 — Ahmed Ibrahim

April 21, 2026
Happy Ghana
Advertisement
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

Happy Ghana

Recent News

  • Telecel Employees Drive Digital Inclusion with ICT Lab Upgrade in Bamboi
  • British Council, My Runway Group Accelarator Programme Targets Ghanaian Fashion Entrepreneurs for Global Impact
  • Fidelity Bank Expands Orange Impact Initiative with New School Projects in Tema and Assin Wurakese
  • 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.