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Akufo-Addo gov’t put over ¢138m into the Sinking Fund – Annoh-Dompreh

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The Minority Chief Whip, Frank Annoh-Dompreh, has defended the record of the erstwhile Akufo-Addo administration, insisting that it made significant contributions to the Sinking Fund during its tenure.

He said the previous government deposited over GH¢138 million into the Fund.

Speaking during the presentation of the Business Statement for the ensuing week in Parliament, Mr Annoh-Dompreh challenged assertions that the former administration had failed to take meaningful steps to resource the Sinking Fund.

He maintained that the record shows clear financial commitments made under the previous government.

According to him, the claim that the GH¢138 million deposited into the Fund “didn’t do anything” does not reflect the full picture of the government’s debt management efforts at the time.

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He argued that such contributions formed part of a broader strategy to meet Ghana’s debt servicing obligations.

Mr Annoh-Dompreh said it was important for the House and the public to be guided by facts when assessing the performance of successive administrations.

He stressed that the previous government had demonstrated commitment by allocating substantial resources into the Fund.

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He therefore urged the current Finance Minister, Dr Cassiel Ato Forson, to provide an update on the status of the Sinking Fund and outline clear steps being taken to ensure sustained contributions in line with earlier promises.

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Source: www.myjoyonline.com
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