The 2018 budget allocation has been presented on the floor of parliament. Finance minister, Ken Ofori Atta has highlighted various measures government is putting in place to boost the economic between 2018 to 2019.
The budget, which was themed "putting Ghana to work", saw government spell out its plans for 2018.
YEN.com.gh has hold of the full budget report which has clearly revealed to us the actual cost that government is paying for all its major projects including the free SHS program.
1. Planting for Food and Jobs: GH¢700 million
The planting for food and jobs program is one of the flagship programs of government aimed at boosting the agriculture sector. This program is aimed at providing close to 750,000 direct and indirect jobs. Agriculture minister, Dr. Afriyie Akoto says the program will go a long way to revive Ghana's failing agriculture sector.
2.One District One Factory: GH¢40 million
The one district one factory policy by the government is part of plans by the NPP administration to industrialize the economy across all districts. This project is arguably one of the most ambitious projects ever made and it's expected to reduce to amount of imports to the country.
3. Development Authorities: GH¢1.26 billion
These authorities include the one village one dam, water for all, toilets for all and sanitation. These social interventions are aimed at improving the standard of living in the country.
4. National ID: GH¢200 million
A single national ID system would issue drivers licenses and passports linked to digital identity registry, eliminate ghost names from the civil service payroll, and reduce the cost of maintaining multiple Identity databases, the Vice President stated. Four Committees – Legal, Technical, Financial and Oversight – have been created to oversee the project.
5. National Entrepreneurship and Industrial Program (NEIP): GH¢50 million
The NEIP is a special presidential program aimed at encouraging the drive of entrepreneurship in the country. This will ensure a clear and favorable environment for entrepreneurs to explore their talents and entrepreneurial skills.
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Source: Yen Newspaper