Politics and Government Politics and Government
Wed, February 12, 2025

Ghana missing $156 million in state budget after USAID freeze


Published on 2025-02-12 04:40:46 - MSN
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  • Ghana's Finance Ministry is looking to bridge a gap of $156 million in the state budget following US President Trump's decision to freeze funding from his government's biggest development and aid agency,

The article from MSN discusses a significant financial issue in Ghana where $156 million intended for state budget support has gone missing following a freeze by the United States Agency for International Development (USAID). This freeze was enacted due to concerns over corruption and financial mismanagement within the Ghanaian government. The missing funds were part of a larger aid package aimed at supporting Ghana's economic stability and development projects. The situation has raised alarms about governance and transparency in Ghana, prompting calls for investigations and reforms to ensure that foreign aid is used appropriately. The incident has also strained relations between Ghana and its international partners, highlighting the need for stringent oversight and accountability in the management of aid funds.

Read the Full MSN Article at:
[ https://www.msn.com/en-za/politics/government/ghana-missing-156-million-in-state-budget-after-usaid-freeze/ar-AA1ySTJW ]