Ghana government expenditure for first three months of 2013 pegged at over GH¢6b

A document containing the expenditure in advance of appropriation of monies from the Consolidated Fund to meet government expenses for the first three months of 2013 is expected to be presented to MPs for scrutiny.

A memorandum made available on the expenditure shows the amount government requires out of the Fund to meet expenditure on public services until the 2013 Annual Estimates are approved by parliament.

This has been pegged at GH¢6,067,600,214.00 to meet government expenses for the three months.

The Memorandum stated that the expenditure being sought for January to March is expected to cover compensation of employees, goods and services, expenditure under government obligation and statutory funds, among others.

According to the report, on no account should votes provided in the estimates be used to defray indebtedness carried over from the 2012 fiscal year.

“All payments vouchers, which were lodged with the treasuries but could not be passed for payments have lapsed. Treasury officers should therefore not process such vouchers against the votes in the provisional estimates,” the report states.

The report warns that fresh approvals must be obtained from the Finance Ministry before such spill-overs are settled.

By Eunice Menka

1 Comment
  1. HH says

    Where is the money loans in exchange for resources, who is paying for it poor Ghanaians with few screwup millions who are so ignorant and narrow minded.

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