Latest gov’t report shows gov’t will no longer fund Free SHS with oil cash

Latest gov’t report shows gov’t will no longer fund Free SHS with oil cash

- Education has been removed from the list of projects funded with Annual Budget Funding Amount (ABFA)

- ABFA refers to funds generated from oil

- Free SHS would therefore not be funded by cash from oil proceeds

Information available to YEN.com.gh suggests that the government intends to take out the Free Senior High School (Free SHS) programme off the list of policies funded by revenues from oil.

This follows the removal of the programme from the list of projects financed by the oil cash-funded Annual Budget Funding Amount (ABFA).

YEN.com.gh understands that ABFA is the account set up by government that receives allocations from oil and gas revenue in support of government budgets.

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In the year 2018, ABFA’s allocation to physical infrastructure and service delivery in education overshadowed allocations to other priority areas, such as agriculture and service delivery in health. There is however, no allocation for education in the 2019 funding plan by ABFA.

The bftonline.com reports that education received over GH¢417m out of the GH¢1.546.38billion approved to be spent as ABFA in the year 2018.

For the year 2019, the ministry of special project development received the highest funding of GH¢652m.

Other sectors, which caught government’s attention, include the ministry of food and agriculture, ministry of health and the ministry of fisheries and aquaculture development.

The Free SHS policy will enter its third year in September 2019, and total student population in secondary schools across the country could hit over one million, making it the highest since independence.

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Source: Yen.com.gh

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