Home | Goldstreet Business
Tuesday, August 9, 2022
  • Home
  • General News
    • Extractives
    • Auto
  • Business
    • Banking and Finance
    • AgriBusiness
    • Insurance
    • Mining
    • Oil and Gas
    • Real Estate/Housing
  • News
    • Top Stories
    • Agriculture
    • Maritime/Aviation
    • Energy
    • Education
    • Construction
  • Technology
    • ICT
    • Telecom
  • World
    • Africa
    • International
  • Editorial/Features
  • GSB Data Services
No Result
View All Result
  • Home
  • General News
    • Extractives
    • Auto
  • Business
    • Banking and Finance
    • AgriBusiness
    • Insurance
    • Mining
    • Oil and Gas
    • Real Estate/Housing
  • News
    • Top Stories
    • Agriculture
    • Maritime/Aviation
    • Energy
    • Education
    • Construction
  • Technology
    • ICT
    • Telecom
  • World
    • Africa
    • International
  • Editorial/Features
  • GSB Data Services
No Result
View All Result
Gold Business Logo
No Result
View All Result

MMDAs abandoned projects cost US$25m annually

December 12, 2018
in Uncategorized
0
Share on FacebookShare on Twitter
  • 18.6% of investment expenditure wasting
  • Estimated 667 3-unit classroom blocks forfeited yearly

About 18.6percent of MMDAs investment expenditure is deteriorating, as some public projects are unlikely to ever get completed.

This is according to a study conducted by the World Bank, on the Spatial Infrastructure Data in Ghana.

RELATED POSTS

Any alternatives to the International Monetary Fund (IMF) Africa should be looking at?

Akufo- Addo nominates Lariba Zuweira Abudu as Minister for Gender

The cost of abandoned projects is estimated at US$25 million annually [GH¢120.29 million currently]. This is equivalent to 667 additional three unit classroom blocks annually, which could have served an estimated 70,000students.

From an original database of over 14,000 small development projects in the various MMDAs from2011 to 2013, it is estimated that one-third of projects that start are never get completed, consuming one-fifth of all local government investments.

All these projects had funding from different funding sources such the District Assemblies Common Fund (DACF), Donor funds, internally generated fund (IGF),GETFund, or Central Government funding.

Presenting the findings from the study, Associate Professor in Public Management at the Blavatnik School of Government, University of Oxford, Dr. Martin J. Williams said, “in the first year, about 45 percent of projects get completed, but after three years only 60 to 65 percent get completed, beyond that it is extremely likely they are not going to be completed.”

According to the Auditor General’s report on the utilization of the District Assemblies’ Common Fund, abandoned and unused projects in at least 40Metropolitan, Municipal and District Assemblies (MMDAs) cost the state over GH¢30 million in 2017.

This figure contributed to 73 percent of the losses from irregularities. The losses and abandoned projects contributed to what the Auditor General classified as contract irregularities.

Whilst other major irregularities saw a drop in 2017 from 2016, the contract irregularities increased from GH¢ 26,839,675.97 to GH¢ 31,224,856.72.

Explaining the cause of the in completion of projects, Dr. Williams indicated that,districts are taking on projects beyond their capacity of funding and their budgeted investment funds.

From the study, school projects remained the least completed as scheduled.

Dr. Williams said, “What is happening is that districts start five budgeted projects, and then other communities begin to complaining of not getting projects. So the funds available to complete the original five projects will then be used to start an additional five projects, with the view of completing the projects in the next year.

“But the next year, there will be other communities also wanting projects, hence, the districts end up using the funds allocated to complete the previous projects on a new set of projects,” He added.

Infrastructure Database

Although the country spends huge sums on building infrastructure, yet, there is no data to effectively plan and manage these investments.

In this context, Dr. Williams indicated that a comprehensive National Infrastructure Database (NID) covering all public infrastructure would be an invaluable resource.

By Joshua W. Amlanu

facebookShare on Facebook
TwitterTweet
ShareTweetShare

Related Posts

Any alternatives to the International Monetary Fund (IMF) Africa should be looking at?

Any alternatives to the International Monetary Fund (IMF) Africa should be looking at?

August 5, 2022
Akufo- Addo nominates Lariba Zuweira Abudu as Minister for Gender

Akufo- Addo nominates Lariba Zuweira Abudu as Minister for Gender

August 2, 2022
MTN partners with African Union on Covid-19 vaccinations

MTN paid ¢1.2bn taxes to government in half-year 2022

August 2, 2022
Celebrities converge at Aphro Beverages launch

Bank Of Ghana denies printing GH¢22 Billion to fund budget

July 27, 2022
IMF projects growth rate of 4.2% for Ghana in 2021

IMF revises global growth rate to 3.2% in 2022

July 27, 2022
Next Post

Gov’t considering re-assigning dormant oil blocks

Banks in late rush to merge

Archives

<
August 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
▼
>
MonTueWedThuFriSatSun
1234567
891011121314
15161718192021
22232425262728
293031    
       
    123
45678910
11121314151617
18192021222324
25262728293031
       
  12345
6789101112
13141516171819
20212223242526
27282930   
       
      1
2345678
9101112131415
16171819202122
23242526272829
3031     
    123
45678910
11121314151617
18192021222324
252627282930 
       
 123456
78910111213
14151617181920
21222324252627
28293031   
       
 123456
78910111213
14151617181920
21222324252627
28      
       
     12
3456789
10111213141516
17181920212223
24252627282930
31      
  12345
6789101112
13141516171819
20212223242526
2728293031  
       
1234567
891011121314
15161718192021
22232425262728
2930     
       
    123
45678910
11121314151617
18192021222324
25262728293031
       
  12345
6789101112
13141516171819
20212223242526
27282930   
       
      1
2345678
9101112131415
16171819202122
23242526272829
3031     
   1234
567891011
12131415161718
19202122232425
262728293031 
       
 123456
78910111213
14151617181920
21222324252627
282930    
       
     12
3456789
10111213141516
17181920212223
24252627282930
31      
   1234
567891011
12131415161718
19202122232425
2627282930  
       
1234567
891011121314
15161718192021
22232425262728
293031    
       
1234567
891011121314
15161718192021
22232425262728
       
       
    123
45678910
11121314151617
18192021222324
25262728293031
       
 123456
78910111213
14151617181920
21222324252627
28293031   
       
      1
2345678
9101112131415
16171819202122
23242526272829
30      
   1234
567891011
12131415161718
19202122232425
262728293031 
       
 123456
78910111213
14151617181920
21222324252627
282930    
       
     12
3456789
10111213141516
17181920212223
24252627282930
31      
  12345
6789101112
13141516171819
20212223242526
2728293031  
       
1234567
891011121314
15161718192021
22232425262728
2930     
       
    123
45678910
11121314151617
18192021222324
25262728293031
       
  12345
6789101112
13141516171819
20212223242526
27282930   
       
      1
2345678
9101112131415
16171819202122
23242526272829
3031     
     12
3456789
10111213141516
17181920212223
242526272829 
       
  12345
6789101112
13141516171819
20212223242526
2728293031  
       
      1
2345678
9101112131415
16171819202122
23242526272829
3031     
    123
45678910
11121314151617
18192021222324
252627282930 
       
 123456
78910111213
14151617181920
21222324252627
28293031   
       
      1
2345678
9101112131415
16171819202122
23242526272829
30      
   1234
567891011
12131415161718
19202122232425
262728293031 
       
1234567
891011121314
15161718192021
22232425262728
293031    
       
     12
3456789
10111213141516
17181920212223
24252627282930
       
  12345
6789101112
13141516171819
20212223242526
2728293031  
       
1234567
891011121314
15161718192021
22232425262728
2930     
       
    123
45678910
11121314151617
18192021222324
25262728293031
       
    123
45678910
11121314151617
18192021222324
25262728   
       
 123456
78910111213
14151617181920
21222324252627
28293031   
       
     12
3456789
10111213141516
17181920212223
24252627282930
31      
   1234
567891011
12131415161718
19202122232425
2627282930  
       
1234567
891011121314
15161718192021
22232425262728
293031    
       
     12
3456789
10111213141516
17181920212223
24252627282930
       
  12345
6789101112
13141516171819
20212223242526
2728293031  
       
      1
2345678
9101112131415
16171819202122
23242526272829
3031     
    123
45678910
11121314151617
18192021222324
252627282930 
       
 123456
78910111213
14151617181920
21222324252627
28293031   
       
      1
2345678
9101112131415
16171819202122
23242526272829
30      
   1234
567891011
12131415161718
19202122232425
262728293031 
       

RECOMMENDED

Any alternatives to the International Monetary Fund (IMF) Africa should be looking at?

Any alternatives to the International Monetary Fund (IMF) Africa should be looking at?

August 5, 2022
Akufo- Addo nominates Lariba Zuweira Abudu as Minister for Gender

Akufo- Addo nominates Lariba Zuweira Abudu as Minister for Gender

August 2, 2022

MOST VIEWED

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Energy
  • Health
  • Auto
  • International
  • Subscription Form
  • Staff Webmail
  • About Us
  • Contact Us
Call us: +233 24 432 0902 | info@goldstreetbusiness.com

© Copyright © 2020 goldstreetbusiness.com. All Rights Reserved.

No Result
View All Result
  • Homepages
    • Homepage Layout 1
    • Homepage Layout 2
  • World
  • Business
  • Technology
  • Health

© Copyright © 2020 goldstreetbusiness.com. All Rights Reserved.

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

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

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