Home / Uncategorized / Gov’t has put an amount of 12.2bn into Ghanaian pockets- ken Ofori Atta

Gov’t has put an amount of 12.2bn into Ghanaian pockets- ken Ofori Atta

The government says social implementation of its major initiatives and social interventions has directly or indirectly put an amount of 12.2billion cedis into the pockets of many Ghanaians since it took over power.

Touching on some of the social interventions which has put billions into Ghanaian pockets, the Finance minister who disclosed this during the presentation of the 2020 budget in parliament on Wednesday November 13, said,  the Free SHS has saved parents a total of 1.8billion cedis since it was implemented, Whiles farmers have also saved a total of Ghc844 million as a result of the Panting for Food and Jobs programme and a total of 357 million cedis have been put into the pockets of teacher trainees within the last three years in the form of allowance.

He also said that nursing trainees have also received a total of 336million cedis in the form of allowance within the last three years whiles the government continues to subsidise fees for the basic education certificate examination (BECE)  which has saved parents a total of 65 million cedis over the last two years.

He also mentioned that the electricity tariffs reductions effected by the PURC in March 2018 resulted in savings of 1.8billion cedis for a year for residential and non- residential customers.

“Mr Speaker, we should also not forget that government has through the financial sector clean-up, saved the deposits of 4.6 million depositors who would otherwise have lost their deposits,” he said.

Comparing this achievement to the previous Mahama administration, Mr Ofori-Atta said the current government has done more in three years than its predecessor he added.

Story by: Isaac Otoo

About Isaac Otoo

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