If the total domestic revenue for the Government is 100, allocations to statutory funds (that is GetFund, NHIS, and District Assembly Common Fund (DACF)) constitute approximately 24 percent. Interest payments are another 26 per cent of revenues.
When we add Government’s contractual obligations to its current and past employees, that is wages and salaries, social security contributions, pensions and gratuities, another 72 per cent of revenues are used up. Together, the contractual obligations of Government consume over 120 per cent of total domestic revenues.