The Minister for Finance, Dr. Cassiel Ato Forson, has announced the disbursement of GHS 987,965,073.00 into the District Assemblied Common Fund (DACF), fulfilling a directive by President John Dramani Mahama.
In a Facebook post on Tuesday June 3, Dr. Ato Forson disclosed that the funds were transferred from the Consolidated Fund and represent the first quarter allocation due to the DACF for 2025. This move is expected to support local governance and development efforts at the district level across the country.
“We have transferred the sum of Nine Hundred and Eighty-Seven Million, Nine Hundred and Sixty-Five Thousand and Seventy-Three Ghana Cedis (GHS987,965,073.00) from the Consolidated Fund into the District Assembly Common Fund Account, being the first quarter amount due the DACF,” the minister stated.
The transfer comes just days after President Mahama publicly tasked the Finance Minister to ensure prompt and adequate releases to the Fund, which is crucial for grassroots development and service delivery.
With this latest disbursement, Metropolitan, Municipal, and District Assemblies (MMDAs) are expected to begin implementing key development projects and programmes, including those focused on sanitation, infrastructure, education, and local economic development.
