The Finance Minister has laid to rest the brouhaha that characterized the announcement by the governing New Patriotic Party’s(NPP’s) decision to use the Heritage Fund to finance the much touted free Senior High School policy.
According Ken Ofori-Atta, the government won’t touch the Heritage Fund for the financing of the policy.
The Minister for Finance made this comment on the sidelines of the ninetieth anniversary celebration launch of the Achimota School in Accra, when he interacted with Accra-based Citi FM reporter.
He said the budget that will be laid in Parliament by March 3, 2017 will spell out the funding for the policy.
He said as far as he was concern as the Minister in charge there are more sources of funding in the envelope and the budget will spell out if laid in the next few days to come in Parliament.
However, the decision not to touch the Heritage Fund has laid to rest the heated debate that arisen since the Senior Minister, Osafo Marfo made the announcement that the government was considering using the Heritage Fund to finance the mass secondary school policy.
Meanwhile, several Civil Society Organizations(CSOs) have also kicked against the application of the fund for the policy while others like the Alliance For Accountable Governance(AFAG) has also suggested that the government borrows the fund and pay with interest in the next three years.
IMANI- Ghana has further revealed that even the Heritage fund could not fully fund the policy as the government needs about six hundred million Dollars to be able to fully fund the policy.
The largest opposition National Democratic Congress Minority in Parlaiment has vowed to resist any attempt by the government to use the fund for the implementation of the Free Senior High School policy.