Richard Ofori-Agyemang Boadi, the Metropolitan Chief Executive
The Kumasi Metropolitan Assembly (KMA) has outlined a strategic plan to reduce its debt burden of GH¢123,485,021.95 and improve revenue collection.
Speaking at the first ordinary meeting of the 2nd session of the 9th Assembly on July 21, 2025, the Metropolitan Chief Executive, Richard Ofori-Agyemang Boadi, said the Assembly is taking steps to regain financial stability.
He revealed that the KMA is pursuing out-of-court settlements for pending legal cases and negotiating flexible payment plans for existing judgment debts. A new risk assessment policy has also been introduced to prevent future liabilities.
To enhance revenue, the Assembly has strengthened supervision, introduced a reward-and-sanction system, digitized some of its operations, and improved communication with ratepayers.
Boadi cited the Race Course Market as a success story, noting that reforms there have significantly improved revenue collection.
He added that a Point-of-Sale (PoS) system will soon be introduced to allow real-time transfers of collected funds to the bank. The Assembly also plans to widen its revenue base by registering more businesses in its operational space.
The KMA, he said, will also work to improve contract management. The Legal Department will now review all contracts before signing, and updates on contract execution will be regularly reported to the Assembly.
Boadi concluded that with these reforms, the KMA is confident of securing its financial future and delivering better services to the residents of Kumasi.
