Business

President Akufo-Addo adds over GHS357million to the compensation expenditure !..Ablakwah alleges


Hon. Okudzeto Write:

The wonders of President Akufo-Addo as he adds over GHS357million to the compensation expenditure of his Special Development Initiatives Secretariat at the Presidency soon after collapsing the Special Development Initiatives Ministry.

Before President Akufo-Addo’s infamous Ministry for Special Development Initiatives was scrapped in 2021, the 2020 Budget confirms at page 234 (appendix 7) that it had a total staff strength of 26 with annual salaries amounting to a sum of GHS977,562 (less than 1million).

In a rather bizarre development, when Ghanaians were told this specific ministry and others were being dissolved to cut down expenditure, the 2021 Auditor General’s Report on General Government reveals at page 200 that after Special Development Initiatives became a secretariat at the Presidency last year, their actual compensation has seen an astronomical increase from GHS977,562 in 2020 to GHS358,164,828. This represents a scary percentage increase of 36,538.6% and an additional burden of more than GHS357million.

Overall, with a fat Goods and Services actual expenditure of more than GHS50million, that tax guzzling Special Development Initiatives Secretariat at the Presidency cost the Ghanaian taxpayer a whopping GHS984,142,390 (almost a billion Ghana Cedis) in 2021 alone.

It is an understatement to describe this discovery as mind-boggling. The Ghanaian people deserve urgent explanations from the Akufo-Addo/Bawumia/Ofori-Atta government.

Obviously the kind of fiscal recklessness and dangerous penchant for wasteful, dubious, scandalous expenditure which are the causes of the current economic crisis.

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