The only emergency fund we have is blocked – Ato Forson concerned over garnisheed state account

“That fund is under the control of the Finance Committee of Parliament, and so when you create that money, and you pay into that money, when there is an emergency, you have to go to the Finance Committee as Minister of Finance to get approval before you can take money from that contingency fund,” he said.

Finance Minister Dr Cassiel Ato Forson has raised concerns over the garnisheeing of Ghana’s constitutional contingency fund, describing it as the country’s only emergency fund created under the Constitution.“Unfortunately, when I got that approval and instructed the Controller and Accountant General to transfer same to the disaster management committee, we found out that the account, the constitutional fund, the only emergency fund that this republic has, has been garnisheed by a high court order,” he said.