Assembly generates about three billion cedis internally

Koforidua, Nov. 2, GNA- The New Juaben Municipal Assembly generated 2.85 billion cedis from local sources, representing 68 per cent of the projected revenue of 4.10 billion cedis for the year, as at the end of October.

The Municipal Chief Executive, Nana Adjei Boateng announced this at the Third Ordinary Meeting of the Second Session of the Fourth New Juaben Municipal Assembly held on Tuesday.

He said the Assembly had put in place measures to step up local mobilization of revenue and these included the setting up a taskforce to collect all outstanding revenue, strengthening supervision of revenue collection and widening the tax net to include billboards, artisans engaged by contractors and others.

Nana Adjei-Boateng said over the same period, the Assembly received 11.36 billion cedis from the Central Government.

He spoke about the slow pace in the application of cocoa fertilizer in the area and said as at the end of October, 107 out of the targeted 760 farmers in the Municipality had applied 647 bags out of 6,000 bags of fertilizers made available to them.

Nana Adjei-Boateng attributed this to problems associated with the repayment of credit granted to the farmers. The farmers have paid only 31.2 million cedis out of 1.14 billion cedis input credit granted to them in 2003.