[ 2016-12-06 ]

KMA collects GHC21.2m in internally generated revenue
The Kumasi Metropolitan Assembly (KMA) had
collected a total GHC21,204,978.54 in
internally-generated revenue as of the end of
September.

Mr. John Alexander Ackon, the Ashanti Regional
Minister, who is also the acting Metropolitan
Chief Executive (MCE), said the figure represented
72 per cent of the GHC29,596,267.00, it had
targeted for the year.

He said the assembly had expected a stronger
performance by companies it had contracted to
collect revenue on its behalf.

Addressing members of the assembly at an ordinary
meeting in Kumasi, he announced the decision to
abrogate the contract with those companies.

Mr. Ackon touched on the District Assemblies
Common Fund (DACF) and said the KMA’s total
receipts stood at GH¢5,507,615.08.

Added to this was an amount of GH¢2,036,525.00
from the District Development Fund (DDF) and
GH¢20,592,419.78 from the Urban Development Grant
(UDG).

He said these funds had been used to support the
socio-economic development of the city, pointing
out that, all projects under the UDG I, II and
III, had been completed, expect the Amankwatia
school library project, which was about 60 per
cent ready.

He told the meeting that the UDG Secretariat at
the Ministry of Local Government and Rural
Development (MLGRD) had given approval for the
construction of a 400-metre open drainage system
to check flooding at Akwatialine and Aboabo.

Mr. Ackon said the implementation of the annual
action plans derived from the Medium-Term
Development Plan for 2014-2017 under the Ghana
Shared Growth and Development Agenda II was in
progress.

It, among others, seeks to ensure infrastructural
and human settlement development, productivity and
employment, natural resource management, as well
as transparent, responsive and accountable
governance.

Source - GNA

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