GH¢7.62bn for Free SHS in 5 years — Finance Minister

 


The government allocated a total amount of GH¢7.62 billion for the implementation of the Free Senior High School (SHS) programme during the past five years, the Minister of Finance, Mr Ken Ofori-Atta, has told Parliament.

He said GH¢4.18 billion out of the amount representing 54.76 per cent, was sourced from the government of Ghana (GoG), while the remaining GH¢3.44 billion, representing 45.24 per cent, came from Annual Budget Funding Amount (ABFA).

“Mr Speaker, the government has taken no loan to specifically finance the free SHS policy which has since its inception been financed from the ABFA and the GoG funding sources,” he said.

Mr Ofori-Atta disclosed this on the floor of Parliament Wednesday, July 21, when he answered a question by the National Democratic Congress (NDC) Member of Parliament (MP) for Builsa South, Dr Clement A. Apaak, who wanted to know if the government took a loan or loans to finance the implementation of the Free SHS policy.

Increased  enrolment

The Finance Minister said the Free SHS policy was instituted to ensure that no child was denied access to education.

Interventions under the policy, he said, included tuition, meals for both boarders and day students, textbooks, library fee, boarding, science laboratory, examination and utility fees.

He told the House that student enrolment at the SHS level had increased from 881,600 in 2016 to 1,261,125 in 2021 primarily due to the policy.

According to him, five years after the implementation of the policy, 411 out of the 465 candidates who scored grade A in all subjects at the 2020 WASSCE were beneficiaries of the free SHS.

“Mr Speaker, Free SHS beneficiaries constituted 88 per cent of all candidates who scored grade A in all subjects at the 2020 West African Secondary School Certificate Examination (WASSCE),” he said.

Emphasising the benefits the nation sought to derive from the Free SHS policy, he quoted President Nana Addo Dankwa Akufo-Addo as saying at a point in time that: “This process of expansion of educational opportunities has to be the bedrock of educational policy in the 21st century for our nation if we are to make the rapid transformation of the social and economic lives we all seek.”

Denial

Mr Ofori-Atta denied reports that the government intended to use $1 billion green bond issued to finance the Free SHS programme.

He said the government incurred “extraordinary expenses” in 2020 to enable more students access to secondary education.

The minister said expenses were incurred on the provision of personal protective equipment (PPE) and sanitation equipment.

“As you know, we spent over GH¢13 billion extra last year in all sorts of expenditures and with revenues also coming down,” he said, and gave an assurance to return to the House to provide detailed breakdown on the quantum of expenditures.

When the National Democratic Congress MP for Bolgatanga  Central, Mr Isaac Adongo, asked the minister if he identified GH¢ 2.4 billion to be spent on the Free SHS programme under the government’s Eurobond Utilisation programme in 2020, Mr Ofori-Atta said: “Mr Speaker, I think I can really confirm the statement that the MP is alluding to.”

“I will check and let him know where that statement is from and to indicate how those resources were iced. Mr Speaker, we do not go out to raise money and misuse those proceeds anyway.”


Comments

Latest News

Fix for and Download of TM1 Laptops Drivers

AlatiphA xCalcAge: Instantly Calculate Age in Excel

GES Releases Approved Fees For SHSs

Tamale: StarTimes marks five-year anniversary with opening of new office

The Charade of a failed President!

Popular Posts

ICT for JHS

Regular BECE ICT Pasco

ICT for JHS 2

AlatiphA Store


AlatiphA xDT Picker

AlatiphA xDT Picker

SUPERCHARGE YOUR EXCEL WORKFLOW WITH A POWERFUL ALATIPHA xDT ADD-IN!

Welcome to the next level of Excel date and time functionality!

Features at a Glance

Date Picker: Manually entering dates in Excel can be time-consuming and error-prone. The Date Picker solves this with a calendar-style interface.

Time Picker: Input times easily with an intuitive interface.

CalcAge Conversion: The CalcAge feature is designed to calculate a person’s age with precision.

Benefits of the Add-In

Ease of Use: User-friendly date and time selection.

Save Time: Speeds up repetitive entry.

Accuracy: Eliminates manual input mistakes.

Customizable: Theme the Date Picker to your style.

AlatiphA Add-Ins, Excel elevated!

Learn More

Contact

📞 +233243443688

Price: GH₵ 49.99

Buy Now
AlatiphA xCases

AlatiphA xCases

REVOLUTIONIZE HOW YOU CHANGE TEXT CASES WITH ALATIPHA xCASES ADD-IN!

Convert text easily: UPPERCASE, lowercase, Proper Case, Sentence Case.

Benefits

✔ Save time

✔ Enhance data accuracy

✔ User-friendly interface

AlatiphA Add-Ins, Excel elevated!

Say goodbye to manual use of functions to change text cases.

AlatiphA Add-Ins, Excel elevated!

Learn More

Contact

📞 +233243443688

Price: GH₵ 49.99

Buy Now
AlatiphA xCurrencies

AlatiphA xCurrencies

REVOLUTIONIZE CURRENCY FORMATTING WITH ALATIPHA xCURRENCIES ADD-IN!

Supports GH₵, $, €, £, ¥, ₦ and more with or without decimals.

✔ Automates repetitive formatting

✔ Reduces human error

✔ User-friendly and efficient

Say goodbye to manually changing currencies.

AlatiphA Add-Ins, Excel elevated!

Learn More

Contact

📞 +233243443688

Price: GH₵ 49.99

Buy Now
AlatiphA xCalcAge

AlatiphA xCalcAge

SIMPLIFY AGE CALCULATION WITH EASE!

Accurately calculate a person’s age in years and months with a Date Picker.

✔ Fast & Accurate

✔ User-Friendly

✔ Customizable

Boost efficiency with AlatiphA xCalcAge!

Boost your efficiency, use AlatiphA xCalcAge to simplify age calculations in Excel today!

AlatiphA Add-Ins, Excel elevated!

Learn More

Contact

📞 +233243443688

Price: GH₵ 49.99

Buy Now

AlatiphA Ebooks


  • More Ebooks »

  • AlatiphA Add-Ins FAQs
    Hi there! Tap a topic below to begin