Gov’t transferred GHS519m to 8 subvented agencies in 2018; GBC received GHS25m but spent GHS40m
![](https://cdn.classfmonline.com/cfoZ41e/imagelib/thumbs/37889838.jpg)
The government of Ghana transferred an amount of GHS519.00 million to eight subvented agencies in 2018, the 2018 State Ownership Report has disclosed.
The institutions include Ghana Broadcasting Authority, Ghana Highways Authority, the Ghana News Agency; and the Community, Water and Sanitation Agency.
The amount represented 31.17% of the budgeted amount (GHS395.64 million).
According to the report, the 2018 outturn of GHS392.97 million represents a significant increase of 106.50% and 182.88% over 2017 and 2016 figures of GHS190.30 million and GHS138.92 million, respectively.
The Ghana Highways Authority received the highest amount of GHS358 million though it spent GHS262 million.
GBC received GHS25.61 million but spent GHS40.11 million, whilst GNA received GHS5.03 million but spent GHS4.75 million.
The Ghana Metrological Service received GHS11.68 million and spent GHS9.67 million.
Source: classfmonline.com
Trending News
Napo provided evidence of his arrogance to Asantehene with his Nkrumah gaff - Asiedu Nketia
10:16Africa needs a new breed of leaders - Alex Apau Dadey advocates
06:19W/R: Four galamseyers busted, excavators burnt in Subri forest
12:03Addressing judicial backlog: The strategic expansion of Ghana’s Court of Appeal
07:24Ministry of Education’s ‘operation double science enrolment’ engages stakeholders in cape coast
12:572024 polls: CPP opens nominations for selection of presidential candidates
06:17Election 2024 ‘communal labour’ to rescue Ghanaians from slavery – NDC dep campaign coordinator
11:50Court of Appeal gets 16 new judges; 5 provident panel locations established
07:20Mahama'll not debate ‘intelligent liar’ Bawumia, he should debate kayayoos, traders like he said – Asiedu Nketia
06:07Momo vendor robbed GHS 55k in broad day light
06:17