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July 2, 2026
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Finance Ministry releases GH¢350 million for flood relief and mitigation following Mahama directive
Money
Policy
Key Points
- The Ministry of Finance transferred GH¢350 million from the Contingency Fund to the National Disaster Management Committee (NADMO).
- The funds are designated for emergency relief and flood mitigation efforts following recent devastating floods.
- This action follows President John Dramani Mahama's directive and received parliamentary approval via its Finance Committee, in accordance with Article 177 of the 1992 Constitution.
- GH¢200 million is earmarked for urgent relief interventions for flood victims, while GH¢150 million will finance long-term flood mitigation measures.
- A dedicated NADMO account was opened at the Bank of Ghana for the transfer and management of these funds.
Why This Matters
This matters for Ghana as it demonstrates a swift and substantial government response to a national disaster, aiming to alleviate immediate suffering and build resilience against future flooding. It also underscores the government's commitment to constitutional financial procedures, ensuring accountability and transparency in the allocation of public funds during emergencies.
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July 2, 2026
Finance Ministry credits GH¢350m to flood relief and mitigation accounts
- The Ministry of Finance has credited GH¢350 million from the Contingency Fund to the National Disaster Management Committee accounts.
- These funds are designated for emergency flood relief and mitigation measures following severe flooding in Ghana.
- The transfer was initiated by President John Dramani Mahama's directive and required parliamentary approval, adhering to Article 177 of the 1992 Constitution.
- Of the total amount, GH¢200 million is allocated for urgent relief efforts for flood victims and affected communities.
- The remaining GH¢150 million is earmarked for long-term flood mitigation measures to reduce the frequency and impact of future flooding.
July 2, 2026
No severe rainfall expected today, but showers likely over weekend – GMet
- Ghana's Meteorological Department forecasts no severe rainfall for Thursday, July 2nd, offering a temporary break from earlier heavy downpours.
- Meteorologist Fred Cudjoe clarified that while light rains and cloudy conditions are expected, the intensity will be significantly reduced compared to recent days.
- The forecast refutes social media claims of rainfall exceeding the intensity experienced last Monday.
- Motorists and commuters are advised to carry umbrellas for occasional drizzles, as conditions will alternate between cloud cover and sunshine.
- Rainfall activity is expected to return towards the weekend, but not at the severe magnitude seen earlier in the week.