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Ministry of Finance releases ¢1,664 million for implementation of $1 million per constituency pledge

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The Ministry of Finance has released 1,664 million Cedis, about 320 million dollars for the implementation of the one million dollar per constituency pledge under the Infrastructure for Poverty Eradication Programme (IPEP). The commencement certificate, granted to the three development authorities in the country covers 275 million dollars for the 275 constituencies nationwide and 45 million dollars for outstanding commitments.

A highly placed source close to the Ministry of Finance told the, media that, IPEP, popularly known as One million dollar per Constituency, is a flagship government initiative to address critical infrastructure deficit identified by local actors at the constituency level.

In the runup to the 2016 elections, the NPP, promised to eradicate poverty and minimise inequality among socio-economic groups within geographical areas through direct provision of basic infrastructure at the constituency level, especially, in rural and deprived communities.

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