• Live Radio
  • Videos
  • About
  • Contact
  • Despite Media
Ghana Election 2020
  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • VIDEOS
  • Media
    • Videos
    • Audio
    • Live Radio
    • Photos
  • Election 2020
Local News
 
 
 
Home News General News 201708

Assemblies Asked To Be 'Sensitive' To Taxpayers

29-Aug-2017
/ General News, News
Email
Print
Comments 0
Dr Archibald Yao Letsa, Volta Regional Minister
(0)
Comments
Share on Facebook Share on Twitter
 

Dr Archibald Yao Letsa, Volta Regional Minister, has called on Metropolitan, Municipal, and District Assemblies (MMDAs) to be “sensitive” to taxpayers and “plough back” rates and levies they collect into district level development.

“We need to be sensitive to the taxpayers of an assembly and demonstrate that the rates and levies we collect from them are ploughed back into district level development. To this end, MMDCEs should note that the policy of using at least 20 per cent of total IGF on capital investment is still in force”, he said.

Dr Letsa, who was addressing this year’s regional budget hearings in Ho, said many MMDAs’ Internally Generated Funds (IGFs) were spent on goods and services without “giving back” to the community and called for a reverse of the trend.

He said though the assemblies have the option of borrowing, they must do so responsibly to avoid instances of loans becoming “contingent liabilities” to the state.

Dr Letsa said some MMDAs have refused to resource decentralised departments under them with IGFs and appealed for all sectors to be supported to fully implement their programmes to stop burdening government with overheads.

He said government would be keen on managing “inefficiencies and waste” in budget spending and would ensure “strict” application of the new Public Financial Management Act, pursue sound economic policies, including accountability and transparency, towards reducing fiscal deficit.

The MMDAs, during the five-day meeting under the auspices of the Ministry of Finance, in collaboration with the Volta Regional Coordinating Council, will present their 2018 to 2021 composite budgets.

The budget hearing, in its sixth year, is a major component of the Finance Ministry’s efforts at fast-pacing fiscal decentralisation through the Public Financial Management reforms.

The budgeting process employs a programme-based budgeting format in the preparation of MMDAs’ Composite Budgets to improve, among others, the efficiency of resource allocation and utilisation.

Source: GNA

 

 
 

 

Comments ( 0 ): Post Your Comments >>

Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority.
Featured Video
Previous Post

SSNIT Struggling To Pay Salaries – Andrew Awuni

Next Post

KATH Staff Protest Against Director Of Administration

 
 

More Stories

Rainforest Alliance Supports Farmers With Start-Up Kits
Edgar Lungu Banned From 'Political' Jogging
Cenpower Launches Kipp Clean Project To Combat Marine Pollution At Sega Beach
Listed Beneficiaries Of Scholarships Are Old – GETFund
Radio Ada Journalist On Trial Over Publication Of Fake News About Mcdan Is Dead
Kwahu-Nkwatia Nkosuohene Receives Prestigious Peace Ambassador Honors
'Sometimes, The Demons We Think Are Around Us Are Actually In Us' - Prof. Joseph Osafo Admonishes Ghanaians
The Success Story Of The Late Nana Akwasi Essan II
Niger Coup: France To Withdraw Troops And Ambassador Who 'Refused To Quit' - Macron
Next Post

KATH Staff Protest Against Director Of Administration

  Local News

  • General News
  • Social
  • Health
  • Education
  • Religion
  • Technology
  • Crime & Justice
  • Travel/Tourism
  • Science/Environment


 
 

 

Other General News Stories

  • Rainforest Alliance Supports Farmers With Start-Up Kits

  • Edgar Lungu Banned From 'Political' Jogging

  • Cenpower Launches Kipp Clean Project To Combat Marine Pollution At Sega Beach

  • Listed Beneficiaries Of Scholarships Are Old – GETFund

  • Radio Ada Journalist On Trial Over Publication Of Fake News About Mcdan Is Dead

  • Kwahu-Nkwatia Nkosuohene Receives Prestigious Peace Ambassador Honors

  • 'Sometimes, The Demons We Think Are Around Us Are Actually In Us' - Prof. Joseph Osafo Admonishes Ghanaians

  • The Success Story Of The Late Nana Akwasi Essan II

  • Niger Coup: France To Withdraw Troops And Ambassador Who 'Refused To Quit' - Macron

  • Churches To Campaign For Politicians With Proven Moral Standards

 

 
 

Popular Videos

#MeManNti with ADAKABRI FRIMPONG MANSO on NEAT 100.9 FM FRIDAY 22/09/23)

#MeManNti with ADAKABRI FRIMPONG MANSO on NEAT 100.9 FM FRIDAY 22/09/23)

YE KO FIE with OLA MICHAEL on NEAT 100.9 FM FRIDAY 22/09/23)

Peace Power Sports (22/09/2023)

Peace Power Sports (22/09/2023)

The REAL NEWS With Akrobeto 22/09/23

Peace FM Online and Despite Media

peacefmonline.com offers its reading audience with a comprehensive online source for up-to-the-minute news about politics, business, entertainment and other issues in Ghana

Follow us on social media:

Category

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • Trivia
  • Foreign
  • Audio
  • Photos
  • Videos
  • Elections
Decision Time
Ghana Election 2020 2016 Elections
Services
Live Radio Audio on Demand Ghana Elections Advertise with Us
Useful Links
Despite Media About Us Contact Us Feedback Form Terms and Conditions Privacy
Our Brands
Despite Media UTV Peace FM Okay FM Hello FM Neat FM Peacefmonline
  • About
  • Advertise
  • Terms & Conditions
  • Contact
  • Privacy

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Articles
  • Trivia
  • Foreign
  • Live Radio
  • Photos
  • Videos
  • Audio
  • Election 2020

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media