The Korle Klottey Municipal Assembly (KoKMA) has projected a total revenue of GHC 175,051,048.90 for the implementation of its 2026–2029 Medium-Term Development Plan
Speaking at a public hearing on the draft 2026 – 2029 medium term development plan on Wednesday, May 21 at Calvary Baptist Church in Adabraka, the Korle Klottey Municipal Chief Executive (MCE) Alfred Ato Allotey Gaisie said the revenue will be drawn from both internal and external sources.
He emphasized that Internally Generated Funds (IGF) are expected to contribute GHC 112,053,389.70, while external inflows, including allocations from the Government of Ghana’s District Assemblies Common Fund (DACF), the DACF Responsiveness Factor Grant (DACF-RFG), and Public-Private Partnerships, will account for GHC 62,997,659.20.
He urged that maintaining a balanced budget is central to ensuring sustainable development, efficient service delivery, and the successful execution of key initiatives outlined in the plan.
“Expenditure is expected to match revenue at GHC 175,051,048.90, with strong fiscal discipline maintained throughout the planned period,” he added.
The MCE’s remarks formed part of the Assembly’s public engagement process on the draft Medium-Term Development Plan, which outlines strategic priorities and investment goals from 2026 to 2029.
By: Nana Antwi Boasiako
