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#GhBudget: Power ministry allocated almost 40% economic sector budget in 2016 [Infographic]

Budget

The National Democratic Congress (NDC) government allocated almost 40% of the economic sector budget to the Power Ministry in 2016.

The Ministry was allocated GHs884 million to enable it address the country’s worsening power crisis.

Of the total amount allocated, the government was to contribute only GHs84 million, while GHs30 million came from the internally generated funds. The government was expecting to receive about GHs769 million of the total power ministry budget from development partners.

The infographic below has details of all allocations to the various ministries under the economic sector as captured in the 2016 budget.

Source: http://citibusinessnews.com/index.php/2017/03/02/ghbudget-power-ministry-allocated-almost-40-economic-sector-budget-in-2016-infographic/

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Reporting Oil and Gas project was launched on 4th June 2009atTakoradi, Western Region, Ghana by Penplusbytes (PPB – www.penplusbytes.org) with the vision of providing a one stop online information and knowledge about Ghana’s oil and gas sector
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