You are here: HomeNews2019 11 13Article 798863

General News of Wednesday, 13 November 2019

Source: Graphic.com.gh

Government has put money in Ghanaians pocket - Ken Ofori-Atta

The Minister of Finance, Ken Ofori Atta says the government has directly or indirectly put an amount of GHC 12.2 billion into the pockets of many Ghanaians since 2017 through its major initiatives and social interventions.

He said the Free SHS policy has saved parents a total of GHC 11.8 billion over the last three years.

Delivering the 2020 Budget statement in Parliament on Wednesday, the Minister for Finance, Ken Ofori Atta, “Planting for Food and Jobs has saved farmers a total of GHC 1844 million over the last three years for subsidized fertilizer and a total of GHC 1357 million have been put in the pockets of teacher trainees within the last three years in the form of allowance, Mr. Ofori-Atta said.

He said the electricity tariffs reductions effected by the PURC effective March 15, 2018, resulted in savings of GHC 11.8billion for a year for residential and non-residential customers which is money in the pockets of many Ghanaians.

“The over 350,000 jobs that have been created in the public sector including the 100,000 NABCO graduates have provided total earnings to them of GHC 12.9billion and that is money in their pockets” he added.

He added that nursing trainees have also received a total of GH?1336 million in the form of allowance within the last three years while the government continues to subsidize for the BECE registration fee which has saved parents a total of GHC 165 million over the last two years.