Finance Minister Accounts For Transition Process

The total expenditure for the entire transitional process, following the change in Government, amounted to 631,924.41 Ghanaian cedis, Dr Kwabena Duffuor, Finance Minister said in Parliament yesterday.

Giving the breakdown, he said a total of 208,800.00 Ghanaian cedis were spent as honoraria for members of the Transitional Team with the Chairman of the team being paid an amount of 2,250.00 Ghanaian cedis and two supporting staff getting 3,600.00 Ghanaian cedis.

Dr Duffuor was responding to a question on the total amount spent on the entire transitional process following the NDC 2008 election victory.

The Minister said the seven sub-committee chairmen took home a total of 12,600. 00 Ghanaian cedis and the honoraria of the 141 members of the team amounted to 190,350.00 Ghanaian cedis.

"Madam Speaker, refreshment, water, tea and snack and lunch for the transitional team members, security, volunteers, invitees and the press amounted to 135,316.30 Ghanaian cedis."

The Minister said expenditure on office equipment totaled 15,024.01 Ghanaian cedis and expenditure on stationery was 2,784.10 Ghanaian cedis.

In response to another question on the divestiture of state-owned enterprises as at December 31, 2008, the Minister said the total number of divested state-owned enterprises as at the end December 2008 was 367.

Source: GNA