An amount of US$18.4m was spent on the payment of allowances for government employees as well as students who were sponsored abroad for courses and seminars by the government in the first half of 2019, a report from the Auditor-General on the Bank of Ghana’s foreign exchange receipts and payments has disclosed.
The allowances, which were captured under transactions known as invisible payments, were meant to prop up manpower, training, and development.
According to the report: “These were allowances paid to government-sponsored students and government employees attending seminars and courses abroad”.
“Total transfers for the period of 2019 were US$18,471,100.08 compared with US$19,672,749.68 for the corresponding period of 2018. This amounted to a decrease of US$1,201,649.60 or 6.11%.
“The decrease was mainly due to a reduction in payment for government-sponsored students abroad and public officers attending courses abroad.”
Compared with 2017 where total invisible payments were US$987,067,205.12, the 2018 invisible payments were US$ 1,486,302,409.33, an adjustment of US$499,235,204.21 representing 50.58%.
This is an increase attributable to increases in all the components except institutional subscription.
The BoG’s invisible payments projection was, however, US$1,188,440,000.00, while actual payments were US$1,486,302,409.33, indicating 25.06% and a difference of US$297,862,409.33.
Source: Ghana Web
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Under the prevailing circumstance, it would be prudent for the AG to produce a list of all GETFUND scholarship.His cut off of 2012-2018 must be explained to all. If however previous reports from the AG exist then it should be made public. Was there any mischief? The AG does not seem to be acting as a Professional, he is turning the Ghana Audit Service as a 'witch hunting agency for some faceless organizations'
I think the AG seeks to cause sensationalism rather than appreciating the credibility and responsibility that come with his work. Behind his deportment, is an ostensible purpose of vigilantism against corruption but his real goal is to produce ammunition for his party NDC to fire his opponent NPP. He should give us a break and tell it to the marines but not to the good people of Ghana. Then, his shoddy work is not conversant with his deportment. The response he gave with regards to the query from the Depute Agric Minister, and the AG referring him to Getfund for redress was unprofessional as well as irresponsible.