He further alleged that aside government taking from money from ABFA, it has also borrowed US$2 billion from the International Monetary Fund (IMF) to keep the Free SHS programme up and running. I don’t think they’ve told us that they are going to borrow for Free SHS. He reiterated that he hopes the Finance Minister gives “full account of the oil money and the loan that they have received for Free SHS”. President Nana Addo Dankwa Akufo-Addo, while launching the Free SHS policy in 2017 said an amount of the country's oil revenue money had been allocated to the Free SHS programme to ensure that the revenues are distributed evenly. In the 2018 budget, GH¢455.9million of petroleum revenues was allocated to the Free SHS programme”.
Source: GhanaWeb July 21, 2020 07:41 UTC