The ABFA

DISTRIBUTION OF ABFA TO PRIORITY AREAS, 2011-2016

Source: PIAC Construct, 2017 from MoF figures

The four priority areas selected for spending of the ABFA between 2011 and 2013 and repeated for the period 2014-2016 were Expenditure and Amortisation of Loans for Oil and Gas Infrastructure, Agriculture Modernisation, Roads and Other Infrastructure and Capacity Building (including Oil and Gas). Over the period 2011 to 2016, Roads and Other Infrastructure received the highest allocation of 52.35% of ABFA whereas Capacity Building got the lowest of 10.83% of ABFA. Indeed in 2014, Capacity Building did not receive any allocation from the ABFA. An amount of Ghc 3.305 billion has been distributed to the priority areas between 2011 and 2016. The priority areas selected to benefit from ABFA funding for the period 2017-2019 are Agriculture, Physical Infrastructure and Service Delivery in Education, Physical Infrastructure and Service Delivery in Health and Road, Rail and other critical Infrastructure Development.

ALLOCATION OF 2014/2015 ANNUAL BUDGET FUNDING AMOUNTS

Source: PIAC Construct from MoF figures, 2015, 2016 and 2017

*GIIF: Ghana Infrastructure Investment Fund

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Expenditure and Amortisation of Loans for Oil and Gas Infrastructure saw a 10% increase in allocation between 2014 and 2015. Under allocation to roads and other infrastructure, Roads and Highways, Energy and Education Infrastructure received funding for both 2014 and 2015 whilst water, transport and Health Infrastructure received funding for only 2015. Ghana Infrastructure Investment Fund (GIIF) established by Act 877 of 2014 received its first allocation from the ABFA in 2015. Virtually all (98.43%) of the 2015 allocations made to the Capacity Building Priority Area went to support various interventions in the educational sector with the largest share of the disbursements totalling GH￠94.74 million (66.68%) going to fund a multiplicity of social interventions (capitation grant, feeding grants, examination subsidy, progressively free SHS, etc.) in the sector. There was no allocation to the Amortisation of Loans on Oil and Gas Infrastructure in 2016. Apart from Roads and Other Infrastructure which had a breakdown of expenditure to various sub-sectors in 2016, the entire amount allocated for Capacity Building was transferred to the Scholarship Secretariat for the payment of scholarship claims. The amount allocated for Agriculture Modernisation in 2016 was spent on Irrigation Infrastructure and the National Fertiliser Subsidy Programme.

DISTRIBUTION OF ABFA TO PRIORITY AREAS, 2017 -