• About
  • Advertise
  • Privacy Policy
  • Contact
Friday, September 11, 2026
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result
in General News

Most of The Assemblies In Ashanti Failed To Raise Enough Revenue In 2022 – Simon Osei-Mensah

Maynard Championby Maynard Champion
January 6, 2023
Reading Time: 7 mins read
Add as Preferred on Google
Most of The Assemblies In Ashanti Failed To Raise Enough Revenue In 2022 – Simon Osei-Mensah

Most of The Assemblies In Ashanti Failed To Raise Enough Revenue In 2022 – Simon Osei-Mensah

Simon Osei-Mensah, the Regional Minister for the Ashanti region has reported that most of the assemblies in the region, despite their numerous resource potentials, failed to raise enough revenue as expected in 2022.

According to Mr. Osei-Mensah, an analysis of the total internally generated funds (IGF) for the 43 assemblies as at the end of October 2022 showed that, they collected GH¢ 63,432,820.18 out of a budgeted amount of GH¢ 94,558,200.85. This represents 67% of the targeted figure.

Mr. Osei-Mensah passed these comments during the 2022 end-of-year meeting of the Ashanti Regional Coordinating Council (ARCC) held in Kumasi.

The meeting covered a range of topics including audit issues, security, flood prevention, COVID-19, and road infrastructure.

ADVERTISEMENT

It was attended by the Mamponghene, Daasebre Osei Bonsu II; the Essumejahene, Nana Okyere Kusi Ntrama; Metropolitan Municipal and District Chief Executives (MMDCEs), Presiding Members, and the Regional Heads of Ministries, Departments, and Agencies.

Osei-Mensah emphasized the importance of maximizing internally generated funds to improve socio-economic development in the region, despite the economic challenges facing the country.

2Q==

“Indeed, if Metropolitan Municipal and District Assemblies (MMDAs) do not take a serious look at the IGF, it becomes extremely difficult to help in the development of your districts, in view of the erratic releases of the District Assembly Common Fund (DACF).”

Osei-Mensah

The Minister explained that the poor financial performance of many of the assemblies was due to their failure to adhere to proper financial management practices, which resulted in frequent citations for infractions during audit exercises.

“You need to work hard to address the number of audit violations that often culminate in appearances before the Public Accounts Committee (PAC),” — an unpleasant situation, Mr. Osei-Mensah noted could tarnish the reputation of most of the assemblies. The Minister, therefore, urged the MMDCEs to support the work of the Audit Unit.

Security and Infrastructure

On security, The Minister thanked the heads of security agencies in the region for maintaining peace in the area.

ADVERTISEMENT

“Indeed, the security agencies have done a yeoman’s job in maintaining peace in the region.”

Simon Osei-Mensah

During the year under review, the Minister reported that 100.7 kilometers of roads were rehabilitated in Bantama, Manhyia, Nhyiaeso, Subin, Asokwa, Kwadaso, Oforikrom, Suame and Old Tafo. These completed roads, the minister indicated, improved accessibility and quality of life in the region.

The Santase-Apre bypass through Bebu to Ampabame No. 2 was under construction and is expected to be completed by the end of 2023, Simon Osei-Mensah also mentioned.

READ ALSO: Two Clients Drag SIC Life S&L Company to Court

ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: Ashanti RegioninfrastructureMMDAsrevenuesecuritySimon Osei-Mensah
Please login to join discussion
Previous Post

Impact of Trades Minister’s Resignation Will Be Heavy On Trading Community- Ampaabeng

Next Post

NDC Must Unite To Win 2024 General Elections – National Chairman

Related Posts

President Mahama with board chairpersons, chief executives and SIGA officials after the Governing Boards and CEOs' Conference in Accra.
General News

No More Bailouts, State Enterprise Leaders Pledge After Mahama’s Warning

September 11, 2026
Chief Executive Officer of Korle Bu Teaching Hospital (KBTH), Dr Yakubu Seidu Adam
General News

KBTH Progress Should Inspire us to Do More – Dr Yakubu

September 11, 2026
President John Dramani Mahama addresses the SIGA Governing Boards and CEOs' Conference in Accra on Thursday.
General News

Stop Setting Up Offices in Your Entities, Mahama Tells State Board Chairs

September 11, 2026
Minister for Health, Hon. Kwabena Mintah Akandoh
General News

Policies And Projects Cannot Deliver Healthcare, Only Workers Can – Akandoh

September 11, 2026
ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

ADVERTISEMENT

Recent News

Made-In-Ghana Dried Cocoa Beans

Ghana Eyes GH¢2,737 Cocoa Price In 2026/2027 Season to Overtake Côte d’Ivoire

September 11, 2026
Battery-Electric TransPennine Express trains

British-Built Trains Set to Transform Railways Across Britain

September 11, 2026
The Head of MI5, Sir Ken McCallum

Britain Faces More Complex Threats Than Before 9/11 – MI5 Chief

September 11, 2026
7c2ab25d 2f3b 45b8 9760 747395ac7ddf.jpg

US Marks 25 Years Since 9/11 Attacks

September 11, 2026
President Mahama with board chairpersons, chief executives and SIGA officials after the Governing Boards and CEOs' Conference in Accra.

No More Bailouts, State Enterprise Leaders Pledge After Mahama’s Warning

September 11, 2026
ADVERTISEMENT
Next Post
Chairman Johnson Asiedu Nketia

NDC Must Unite To Win 2024 General Elections – National Chairman

The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.