Cassiel Ato Forson releases GH₵24.8bn for statutory funds

Finance Minister Dr. Cassiel Ato Forson has announced the disbursement of GH‵24.8 billion to various statutory funds and critical public programs since January 2026. This substantial capital injection represents the government’s commitment to ensuring the uninterrupted delivery of essential services across the country. The funds, which are part of the third-quarter statutory allocations, are designed to stabilize sectors that rely heavily on state financing for their daily operations and long-term development projects.

The allocations are specifically directed toward key pillars of national growth, including infrastructure, healthcare, education, and local community development. According to Dr. Ato Forson, the timely release of these funds is intended to provide a predictable cash flow to state agencies, which is necessary for effective institutional planning and the maintenance of public facilities. By prioritizing these sectors, the government seeks to foster an environment conducive to economic recovery and consistent service delivery for all citizens.

Dr. Ato Forson highlighted that these disbursements mark a significant shift in Ghana's public financial management. He noted that unlike previous years, which were often characterized by payment delays and the accumulation of substantial arrears, the current administration is focused on enhancing operational efficiency. This proactive approach to funding is expected to reduce the financial strain on state institutions and improve their ability to execute critical mandates without the traditional bottlenecks associated with fiscal uncertainty.

The release of these funds is a central component of the government's broader strategy to restore economic stability and support the various programs initiated under President John Mahama. As these resources reach their intended destinations, the Ministry of Finance expects to see increased productivity and the successful completion of several ongoing public works. The government maintains that regularized funding is vital for maintaining the momentum of its development agenda and ensuring that essential services remain accessible to the public.