Home / BUSINESS / Akosombo Dam spillage, GH¢220m allocated to provide relief support to victims in the 2024 budget

Akosombo Dam spillage, GH¢220m allocated to provide relief support to victims in the 2024 budget

 

The government, as part of the 2024 budget, has earmarked GH¢220 million to aid relief efforts for communities impacted by the Akosombo Dam spillage floods.

Finance Minister Ken Ofori-Atta disclosed this information during the budget presentation on Wednesday, November 15.

He further mentioned that additional resources would be allocated through the Ministry of Agriculture to assist in the restoration of livelihoods.

Mr. Ofori-Atta expressed the government’s sympathy for the families affected and displaced by the spillage.

“Mr. Speaker, the government has budgeted an amount of GH¢220 million to support the relief phase for the communities affected by the Akosombo spillage as well as floods upstream in the Oti, Savannah, and Bono-East Regions.”

The Finance Minister also stated that the government has sought financial assistance from the World Bank to aid in the relocation of the affected individuals.

“In addition, the Ministry of Finance, after the visit, was quick to respond. We have requested funding from the World Bank under the IDA Crisis Response Window (CRW) to support the resettlement of the victims, restoration of livelihoods, compensation, and reconstruction of infrastructure in the affected communities.”

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