15 October 2008 | 6:28:30
The District Assemblies’ Common Fund (DACF) is a pool of resources created under section 252 of the 1992 constitution of Ghana.
It is a minimum of 5% of the national revenue set aside to be shared among all District Assemblies in Ghana with a formula approved by Parliament.
The fund is a Development Fund which enables the use of the nation’s wealth throughout Ghana to the benefit of all citizens.
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