COVID-19 National Trust Fund accumulates GH¢8.75m from donations – Akufo-Addo
President Akufo-Addo has revealed that the COVID-19 National Trust Fund has so far received a total sum of GH¢8.75 million in the form of donations from the general public.
In a televised address on Sunday, April 5, 2020, the President said the stated amount also includes an amount of US$600,000.
In his address, he commended the general public as well as institutions for heeding to the clarion call to support the Fund meant to support the vulnerable and persons who will be hard hit by measures adopted to combat the Coronavirus disease in the country.
“I am very grateful to the individuals and institutions, who have responded to my appeal for donations to be made into the COVID-19 National Trust Fund, which has been established to complement Government’s fight against the virus and to assist in the welfare of the needy and the vulnerable. A total amount of some eight million, seven hundred and fifty thousand cedis (GH¢8.75 million), which includes six hundred thousand United States dollars (US$600,000), has been received so far for this purpose. I am happy that so many appointees of my government have also followed my example by donating their salaries to the Fund,” he said.
COVID-19 Fund Bill
Earlier, Ghana’s Parliament on Thursday, April 2, 2020, passed the COVID-19 National Trust Fund Bill, 2020.
The House was earlier determined to pass the Bill under a certificate of urgency after it was laid before the House by the Attorney General.
The trust is expected to receive donations for disbursement and also make provisions for how the trust should be managed.
The Bill, when assented by the President into law, will give legal backing to the establishment of the COVID-19 National Trust Fund to complement the efforts of government in the fight against the disease after it was set up.
The Fund, which will be chaired by former Chief Justice, Sophia Akuffo, is to receive public contributions to help improve the lives of the vulnerable who will be worst-hit by the pandemic.
Donations received so far
Out of 214 confirmed cases of COVID-19 in the country, three people have recovered with the death toll standing at five, leaving behind a total of 206 active cases.
The extent of the outbreak has encouraged many people to donate by giving in various kinds.
President Akufo-Addo in his fourth address to the nation promised to donate his April, May and June salaries as seed capital for the Fund.
Also, Vice-President Dr Mahamudu Bawumia followed in the President’s steps as he also donated three months’ salary to the Trust Fund.
All Ministers of State and other top appointees at the presidency voluntarily decided to donate 50 per cent of their salary for the next three months as part of their efforts to support the Fund.
Parliament, on the other hand, has also contributed GH¢200,000 with the Speaker of the House, Prof. Aaron Mike Ocquaye donating half of his three months’ salary to the Fund.
Institutions that have also donated to the Fund so far include Hollard Ghana – GH¢100,000, Absa Bank Ghana – GH¢1 million, Interplast – GH¢1.2 million, and Justmoh Construction Limited contributing GH¢500,000.
Groups and associations have also made different donations in cash and kind to various hospitals and health services in the country while the Fund is open to donations from the general public.