The Bolgatanga Municipal Assembly has recorded a total of GH¢2,461,828.78 in Internally Generated Funds (IGF) for the 2025 fiscal year, representing 75.11 percent of its annual target, according to the Municipal Chief Executive, Roland Atanga Ayoo.
He made the disclosure during a stakeholder engagement held at the Regional House of Chiefs in Bolgatanga as part of activities marking his one-year anniversary in office.
Mr. Ayoo described the performance as a modest but encouraging improvement compared to previous years, noting progress in the Assembly’s revenue mobilisation efforts.
“Our Internally Generated Funds for January to December 2025 stood at GH¢2,461,828.78, representing 75.11 percent of our annual target,” he stated.
He explained that although the Assembly did not fully achieve its projected target of GH¢3,278,000.00, the upward trend reflects growing efficiency in local revenue collection systems.
The MCE further stressed the importance of IGF as a key source of funding for development activities, especially in situations where external financial inflows are delayed.
“The Assembly also continues to benefit from the District Assemblies Common Fund and other donor-supported projects, although disbursements are often delayed,” he noted.
He added that releases from the District Assemblies Common Fund (DACF) for the first three quarters of 2025 amounted to over GH¢10.59 million, which supported interventions in education, health, and sanitation.
Despite these inflows, Mr. Ayoo acknowledged persistent financial challenges and called for stronger and more innovative revenue mobilisation strategies to enhance the Assembly’s fiscal stability.
The engagement brought together traditional leaders, assembly members, civil society organisations, and residents to assess progress made over the past year and to discuss future development priorities for the municipality.
Source: BlueWaves Radio 93.7FM / Fauzia Haruna
