President John Dramani Mahama enacted a pivotal legislative amendment on Wednesday, transforming financial allocations across critical national sectors. The Earmarked Funds Capping and Realignment Bill modifies funding mechanisms for several key government institutions, including healthcare, education, infrastructure, and petroleum resources.
The legislation specifically targets the National Health Insurance Fund, the Ghana Education Trust Fund, the Road Fund, the Mineral Income Investment Fund, the Ghana Infrastructure Investment Fund, and petroleum revenue transfers. Through strategic recalibration, the bill aims to unlock dedicated resources for specific national priorities and operational requirements.
Under the new framework, the...