 <p  align="right" style="text-align: right">
                                              <font face="Arial"><b>Act 748</b></font></p>

                                              <p  align="center" style="text-align: center">
                                              <font face="Arial"><b>THE SEVEN</b>
                                              <b>HUNDRED AND FORTY- EIGHTH</b></font></p>
                                              <p  align="center" style="text-align: center">
                                              <font face="Arial"><b>ACT</b></font></p>
                                              <p  align="center" style="text-align: center">
                                              <b>

                                              <font face="Arial">OF THE 
                                              PARLIAMENT OF THE REPUBLIC OF 
                                              GHANA</font></b></p>
                                              <p  align="center" style="text-align: center">
                                              <font face="Arial">ENTITLED</font></p>
                                              <p  align="center" style="text-align: center">
                                              <font face="Arial"><b>THE 
                                              APPROPRIATION ACT, 2008</b></font></p>
                                              <p >
                                              <font face="Arial">AN ACT to 
                                              provide for the withdrawal of sums 
                                              of money necessary to meet 
                                              government expenditure for the 
                                              2008 Financial Year from the 
                                              Consolidated Fund and from other 
                                              funds to provide for related 
                                              matters. </font></p>

                                              <p  align="center" style="text-align: center">
                                              <font face="Arial"><b>DATE OF 
                                              ASSENT: <i>15th January, 2008.</i></b></font></p>
                                              <p >
                                              <font face="Arial">ENACTED by the 
                                              President and Parliament: </font>
                                              </p>
                                              <p >
                                              <font face="Arial"><b>Sum </b>of 
                                              money <b>to be issued from the 
                                              Consolidated Fund </b>for 2008 <b>

                                              Financial Year </b></font></p>
                                              <p >
                                              <font face="Arial">1. Pursuant to 
                                              Article 179(2) <i>(a) </i>of the 
                                              Constitution a sum of money not 
                                              exceeding Seven Billion, One 
                                              Hundred and Seven Million, One 
                                              Hundred and Sixty-Three Thousand, 
                                              One Hundred and Thirty-five Ghana 
                                              Cedis <b>(GH¢7,107,163,135.00) </b>
                                              shall be issued from the 
                                              Consolidated Fund during the 
                                              Financial Year commencing on the 1 
                                              st day of January and ending on 
                                              the 31 st December, 2008 and shall 
                                              be appropriated for the purposes 
                                              specified in the First Schedule.
                                              </font></p>
                                              <p >
                                              <font face="Arial"><b>Internally 
                                              Generated Funds </b></font></p>

                                              <p >
                                              <font face="Arial"><b>2. </b>The 
                                              Ministries, Departments, and 
                                              Agencies listed in the first 
                                              column of the Second Schedule are 
                                              permitted to retain and use an 
                                              amount of Two Hundred and 
                                              Ninety-Nine Million, One Hundred 
                                              and Eighty-Four Thousand, Four 
                                              Hundred and Twenty-Seven Ghana 
                                              Cedis, Sixty-Seven Pesewas <b>(GH¢299,184,427.67)
                                              </b>indicated in the second column 
                                              of the Second Schedule being a 
                                              part of the total amount specified 
                                              in section 1 of this Act during 
                                              the Financial Year, commencing on 
                                              the 1st day of January and ending 
                                              on the 31st day of December, 2008.
                                              </font></p>
                                              <p >
                                              <font face="Arial"><b>Highly 
                                              Indebted Poor Country Fund </b>
                                              </font></p>
                                              <p >

                                              <font face="Arial"><b>3. </b>A sum 
                                              of money not exceeding One Hundred 
                                              and Twenty-Seven Million, Five 
                                              Hundred and Fifty­ one Thousand, 
                                              Seven Hundred and Twenty-Two Ghana 
                                              Cedis <b>(GH ¢ 127,551,722.00) </b>
                                              of HIPC alloca­tion, being a part 
                                              of the expenditure specified in 
                                              this Act, shall b~ utilised during 
                                              the Financial Year commencing 1st 
                                              day of January and ending on 31st 
                                              day of December, 2008. </font></p>
                                              <p >
                                              <font face="Arial"><b>Multilateral 
                                              Debt </b>Relief Initiative </font>
                                              </p>
                                              <p >

                                              <font face="Arial"><b>4. </b>A sum 
                                              of money not exceeding Fifty-five 
                                              Million, Six Hundred and 
                                              Thirty-One Thousand, Three Hundred 
                                              and Eight Ghana Cedis <b>(GH¢55,631,308.00)
                                              </b>of Multilateral Debt Relief 
                                              Initiative, being a part of the 
                                              total amount specified in section 
                                              1 of this Act shall be utilised 
                                              during the Financial Year 
                                              commencing on 1st January and 
                                              ending on the 31st December, 2008.
                                              </font></p>
                                              <p >
                                              <font face="Arial"><b>Payment of 
                                              money</b> <b>on authorization of 
                                              Minister</b> <b>for Finance and 
                                              Economic Planning </b></font></p>
                                              <p >

                                              <font face="Arial"><b>5. </b>The 
                                              Controller and the 
                                              Accountant-General may, on a 
                                              warrant issued on the authority of 
                                              the Minister responsible for 
                                              Finance and Economic Planning, 
                                              payout of the Consolidated Fund 
                                              during the Financial Year ending 
                                              on the 31 st day of December, 
                                              2008, any sum not exceeding on the 
                                              whole the sum of Seven Billion, 
                                              One Hundred and Seven Million, One 
                                              Hundred and Sixty-Three Thousand 
                                              and One Hundred and Thirty-Five 
                                              Ghana Cedis <b>(GH¢7,107,163,135.00)
                                              </b>referred to in section 1 of 
                                              this Act. </font></p>
                                              <p >
                                              <font face="Arial"><b>Commencement
                                              </b></font></p>
                                              <p >
                                              <font face="Arial"><b>6. </b>This 
                                              Act shall be deemed to have come 
                                              into force on 1st day of January, 
                                              2008. </font></p>

                                              <p >
                                              <font face="Arial"><b>Repeal of 
                                              Act 725 </b></font></p>
                                              <p >
                                              <font face="Arial"><b>7. </b>The 
                                              Appropriation Act, 2006 (Act 725) 
                                              is hereby repealed. </font>