ECONOMICS

Kwaebibirim Assembly to depend on IGF for development
The Municipal Chief Executive of the newly elevated Kwaebibirem Municipal Assembly, Mr Seth Antwi Bosiako said the assembly is ambitious is to depend solely on its Internally Generated Fund (IGF) for development of the municipality.

Date Created : 3/19/2018 6:40:25 AM : Story Author : GNA


It would also make the District Assemblies Common Fund, District Development Facility and other statutory financial releases supplementary to the IGF.

Mr. Bosiako, spelling out the municipal Assembly vision at its inauguration, said that was the only way for the Assembly ‘to buy into the President’s vision of achieving Ghana beyond aid’

He said last year, the Assembly budgeted for GH?848,284.00 IGF and later reviewed it upwards and realised GH?980,783.34 which far exceeded the reviewed target.

“This is a clear indication that we can live up to the task especially when we have to justify the confidence the President reposes in us”
Mr Bosiako said the new status of the Assembly as a Municipality further strengthened it with renewed vigour to carry through the challenge of local governance today.

Inaugurating the Assembly, the Deputy Information Minister, Mr. Kojo Oppong Nkrumah congratulated the Assembly members and technocrats for its achievements so far and urged them to work even harder to hasten the Municipality’s development,

He urged Metropolitan, Municipal and District Assemblies to work towards poverty alleviation, guard against wastage of resources, especially finance and improve sanitation in particular and the environment in general.

The Deputy Minister who is also the Member of Parliament for Ofoase Ayirebi, said government was offering a new approach of doing things to drive the agenda for change, growth, job creation and prosperity for all.

The agenda, he said, would certainly be fulfilled if government brought governance to the doorsteps of the people.