The Ministry of Finance has transferred GH¢350 million from the Contingency Fund to the National Disaster Management Committee (NDMC) to support emergency flood relief operations and long-term mitigation efforts following the devastating floods that struck parts of the country last Monday.

The funds were released in response to a directive from President John Dramani Mahama, who instructed the Minister for Finance, Dr Cassiel Ato Forson, to mobilise resources from the Contingency Fund to provide immediate assistance to affected communities and strengthen measures to prevent future flooding.

In accordance with Article 177 of the 1992 Constitution, the Finance Minister obtained parliamentary approval through the Finance Committee before authorising the withdrawal from the Contingency Fund.

Following Parliament’s approval, Dr Forson directed the Controller and Accountant-General to release the funds to the National Disaster Management Committee for the implementation of the National Emergency Flood Response Programme.

To facilitate the transfer, the Controller and Accountant-General opened a dedicated account for the National Disaster Management Committee at the Bank of Ghana and deposited the full GH¢350 million into the account.

The funds are now available to finance a range of emergency response and flood prevention activities, including relief support for affected individuals and households, engineering works, and demolition exercises aimed at reducing the risk of similar flooding in the future.

Allocation of funds

Of the total amount, GH¢200 million has been earmarked for urgent relief efforts to support flood victims and affected communities. The remaining GH¢150 million will be invested in flood mitigation projects designed to minimise the frequency and severity of flooding across vulnerable areas.

The release of the funds marks the government’s immediate response to the flood emergency, with authorities aiming to provide timely assistance to victims while implementing longer-term infrastructure and disaster prevention measures to protect communities from future flooding better.

48,000 left homeless after Accra floods

President John Dramani Mahama revealed that an estimated 48,000 people were displaced by the devastating floods that hit parts of the Greater Accra Region after torrential rains on June 29.

The President disclosed on Friday, July 3, 2026, while receiving the President of Sierra Leone and Chair of the Economic Community of West African States (ECOWAS), Julius Maada Bio, who paid a solidarity visit to Ghana following the disaster.

Speaking to the media after bilateral talks, President Mahama said the floods had left thousands homeless, with deaths and several missing persons recorded.

“This downpour was huge, and we estimate that about 48,000 people were rendered homeless by the downpour, and 12 are confirmed dead; seven are still unaccounted for. We have asked the military and the joint task force to mobilise and bring things back as quickly as possible immediately,” he said.

President Mahama noted that the Ghana Armed Forces had already begun clearing choked waterways and removing garbage and debris washed across the capital by the floods as part of efforts to restore normalcy.

“The Army has started to clear waterways, clear garbage and clear debris that was thrown all over the city by rainfall. And we expect that in a week or two things will normalise,” he added.