Thank you, Mr Speaker.
Mr Speaker, it is correct; we have resolved the issue and we invited the Administrator and the general principle is the following:
That on the basis of the decision of 11 per cent for the Reserve Fund of the total amount, the Reserve Fund amount will go up from GH¢89,792 million to approximately GH¢126,422 million. So, there will be some increase of about GH¢36 million. The consequence of that is that, on page 9 of 11, under the reserved item, all those four items would change. They will be adjusted upwards.
I will give some estimates but the Majority Leader said in his speech that he would direct the Administrator to bring the final numbers. So, just for purposes
of discussion, for example, I am on page 9 of 11. For example, Constituency projects (MPs), the current amount we have there is 32,652. The decision and the implication will move that to 45,971 approximately. MPs Monitoring: currently, on page 9 of 11, you have approximately 45,971. The exact figures would be communicated to the House through the Majority Leader by the Administrator. He is going to bring their spread sheet. The next line, MPs Monitoring will be adjusted upwards to approximately 34,479, an adjustment of approximately 10,000.
Mr Speaker, these are just two examples since the final numbers are going to come. Reserve Fund: the new number would be approximately 22,986 instead of 16,326. RCC: Instead of 12,244, approximately 17,239. The Administrator's Office, instead of 4,081, approximately 5,746. The consequence is that the total of 726,495 would be reduced to 68,9865.
Mr Speaker, on the same page MMDAs is 689,865, approximately. MMDAs, the 726,495, I believe, becomes 689,865 approximately.
The final numbers will come but the next adjustment implies that under the direct MMDAs, instead of 433,734, the new number will be approximately 397,084. Direct: The number you have there is
The adjustment will be downwards 397,084 and finally, the next MMDAs will now instead of 421,490, read 384,860. The net effect is that that adjustment -- the PWT does not change. The PIP remains the same 333. So, effectively, PIP is upfront, starting from page 8, the 333 will not change.
I thank you, Mr Speaker.