Ministry Of Finance Used GHS 827 Million Oil Money On Covid-19 In 2020
The Ministry of Finance (MoF) has detailed that it used a whopping amount of GHC827.60 million of the unspent Annual Budget Funding Amount (ABFA) to somewhat meet the deficiency in ABFA receipts brought about by the effect of the COVID-19 pandemic and its related consequences for crude oil prices worldwide, the 2020 yearly report gave by the Public Interest and Accountability Committee (PIAC) states.
This is at difference with the arrangements of the Act which set up the Ghana Stabilization Fund to pad the effect on or!-->!-->!-->…