Use some of the IMF money to pay school feeding caterers, Buffer Stock Company – Clement Apaak

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Dr. Clement Apaak, the deputy leading Member of the Parliament’s Education Committee, has urged the government to pay off its various debts owed to suppliers in the educational sector as soon as the initial $600 million from the IMF arrives.

The first tranche of $600 million will be deposited into government coffers on Friday, May 19, 2023, according to a statement from the International Monetary Fund (IMF), which has authorized a $3 billion facility to aid in the recovery of Ghana’s faltering economy.

The government is hopeful that this will improve Ghanaians’ lot.

The minority in parliament, however, holds a different opinion.

The Builsa South MP highlighted fears about what would happen to Ghana’s education sector if the government disregards the sector in his comments on the IMF bailout and education in the nation.

“IMF Bailout and Education: a) Pay school feeding caterers, increase fee to ghc3.50p; b) Clear capitation grant arrears owed basic school (4 terms); c) Pay printers and publishers of basic school textbooks; d) Pay Buffer Stock Company food suppliers. Any further delay is detrimental!” he stated in a tweet.

In contrast, the IMF highlights how poorly the Free Senior High School (FSHS) initiative has been implemented and targeted in a recent report.

“Ghana spends close to 4% of GDP on education, with strong enrollment figures but subpar academic results. Although it is not well targeted, the flagship program Free Senior High School (SHS), which pays for all secondary education costs, has contributed to expand enrollment.

Read the full post on the twitter below:


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