Finance Minister Rejects Claims Gov't Would Fund Free SHS With Heritage Fund
| Updated Apr 02, 2017 at 6:00pm
Finance Minister, Ken Ofori-Atta.
The Finance Minister, Ken Ofori-Atta has debunked claims of government’s intention to finance the free Senior High School (SHS) programme with the Heritage Fund.
His statement contrasted with an earlier assertion by the Senior Minister, Yaw Osafo Maafo that government will consider a review of the Petroleum Management Act to allow for the use of the Heritage Fund to finance the free Senior High School (SHS) policy scheduled to start in September 2017.
Public and civil organisations have raised concerns since the senior Minister's pronouncement and have cautioned the government not to touch the funds meant for future generations.
But, the Finance Minister, Ken Ofori Atta in an interview at an event at Achimota Senior High School, said government does not intend to finance the program from the Heritage Fund.
He however, promised a funding details in the government's budget expected early March.
“We are financing the Free SHS education without looking at the Heritage Fund. We are not touching the Heritage Fund", he is quoted as saying.
He further said the country has enough resources to be able to finance the promised that free SHS will commence without touching the Heritage Fund.
“I am not sure we are considering the use of Heritage Fund to finance the Free SHS. I think we have enough resources from our envelop to be able to do that without touching the Heritage Fund. I don’t expect us to use the Heritage Fund to finance the free SHS.” he added.
“There is going to be a budgetary allocation for that and it does not include the Heritage Fund. We have to wait for the budget. There is still a lot of work to be done before March 2, or so when the budget will be read,” he said.