The Government of Ghana and Switzerland have inked a CHF 12 million grant agreement, equivalent to USD$14 million, to support the implementation of the District Assemblies Common Fund Responsiveness Factor Grant (DACF-RFG). The signing ceremony, which took place in Accra, marks a significant milestone in the partnership between the two countries.
The grant agreement aims to provide financial support for the implementation of the DACF-RFG, which is a key component of Ghana’s decentralization policy. The DACF-RFG is designed to ensure that district assemblies have the necessary resources to effectively carry out their responsibilities and respond to the needs of their communities.
The grant will be used to fund various projects and initiatives at the district level, including infrastructure development, social services, and economic empowerment programs. This will ultimately contribute to the overall development of the country and improve the lives of its citizens.
The signing of this agreement is a testament to the strong and longstanding relationship between Ghana and Switzerland. It also reflects Switzerland’s commitment to supporting Ghana’s development agenda and promoting good governance and decentralization.
The grant agreement comes at a crucial time for Ghana, as the country continues to face economic challenges due to the COVID-19 pandemic. The funds will provide much-needed support to the district assemblies, which have been heavily impacted by the pandemic.
This partnership between Ghana and Switzerland has the potential to make a significant impact on the country’s development. By providing financial support to the district assemblies, the grant will help to strengthen local governance and promote inclusive and sustainable development.
Moreover, the grant agreement aligns with the United Nations’ Sustainable Development Goals (SDGs), particularly Goal 11, which aims to make cities and human settlements inclusive, safe, resilient, and sustainable. By investing in the development of district assemblies, the grant will contribute to achieving this goal and creating a more equitable and prosperous society for all Ghanaians.
In conclusion, the signing of the CHF 12 million grant agreement between Ghana and Switzerland is a positive development that will have a significant impact on the country’s development. It is a testament to the strong partnership between the two countries and their commitment to promoting good governance and sustainable development. This grant will provide much-needed support to the district assemblies and contribute to the achievement of the SDGs.