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Home » We anticipate generating over GH₵175 million by 2029 – Korle Klottey MCE

We anticipate generating over GH₵175 million by 2029 – Korle Klottey MCE

johnmahamaBy johnmahamaMay 22, 2025 Regional Governance No Comments1 Min Read
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Korle Klottey Municipal Chief Executive (MCE), Alfred Ato Allotey Gaisie Korle Klottey Municipal Chief Executive (MCE), Alfred Ato Allotey Gaisie

The Korle Klottey Municipal Assembly (KoKMA) has projected a total revenue of GH₵175,051,048.90 for the implementation of its 2026–2029 Medium-Term Development Plan.

Speaking at a public hearing on the draft 2026–2029 Medium-Term Development Plan on Wednesday, 21 May 2025, at Calvary Baptist Church in Adabraka, the Korle Klottey Municipal Chief Executive (MCE), Mr Alfred Ato Allotey Gaisie, said the revenue will be drawn from both internal and external sources.

He emphasised that Internally Generated Funds (IGF) are expected to contribute GH₵112,053,389.70, while external inflows, including allocations from the Government of Ghana’s District Assemblies Common Fund (DACF), the DACF Responsiveness Factor Grant (DACF-RFG), and Public-Private Partnerships, will account for GH₵62,997,659.20.

He stressed that maintaining a balanced budget is central to ensuring sustainable development, efficient service delivery, and the successful execution of key initiatives outlined in the plan.

“Expenditure is expected to match revenue at GH₵175,051,048.90, with strong fiscal discipline maintained throughout the planned period,” he added.

The MCE’s remarks formed part of the Assembly’s public engagement process on the draft Medium-Term Development Plan, which outlines strategic priorities and investment goals from 2026 to 2029.



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