- Ofori-Atta has revealed that government is considering the option of cash transfers to vulnerable people in society
- The cash transfers would be targetted at providing relief items for the poor in society
- He made this known while interacting with the media
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The Minister of Finance, Ken Ofori-Atta, has revealed that the government is considering the option of cash transfers to vulnerable people in society.
According to him, the possible cash transfers would be targetted at providing relief items for the poor in society.
He made this known during his interaction with the media on Monday, March 30, 2020, after delivering an address to Parliament on the economic impact of the coronavirus pandemic.
READ ALSO: COVID-19: Ghanaian businesses will enjoy a GHC1 billion stimulus package – Akufo-Addo
Meanwhile, President Akufo-Addo revealed that the government has set aside a GHC1 billion package to support businesses in Ghana.
According to him, the decision is intended to help businesses continue operations as the coronavirus takes a toll on the economy.
He indicated that the package, dubbed the Coronavirus Alleviation Programme (CAP), will attempt to revive industries in Ghana affected by the COVID-19 outbreak.
READ ALSO: COVID-19: John Jinapor tells Akufo-Addo to cut down gov't size during lockdown
YEN.com.gh earlier reported that the Minister of Finance, Ken Ofori-Atta revealed that Ghana’s $100 million, request from international donors, to fund the COVID-19 has arrived.
According to him, the money is expected to fund the expansion of infrastructure, purchase of materials and equipment, and public education.
Speaking on the floor of Parliament, he made this known while on the effects of the global health crisis on Ghana’s economy.
READ ALSO: Ghana now has the $100m Akufo-Addo promised to fight coronavirus with - Ofori-Atta
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