IMF ‘saves’ Free SHS, calls it innovative

Brace yourselves for tougher times – Bawumia admits economic hardships
Following Ghana’s request for a financial bailout, the IMF team concluded an initial visit to the country on Wednesday, July 13.
Contrary to popular beliefs by Ghanaians that the International Monetary Fund (IMF) will strike out the Free SHS policy, the team from the International Monetary Fund (IMF) has okayed the Free SHS policy. 

The International Monetary Fund (IMF) has saved the Free SHS policy and has called the programme an innovative one despite convictions it will be cancelled.

The Free Senior High School Program has been hailed as innovative needs protection according to the International Monetary Fund (IMF) staff.

In an effort to determine what the nation can qualify for, the team, which arrived in Ghana on Tuesday, July 5 and got to work the next day, gathered information from meetings with a number of important players, including Vice President Dr. Mahamudu Bawumia.

What will happen to the Free SHS Program, which is cited as one of the expenses affecting the public purse, is one of the main worries since President Nana Addo Dankwa Akufo-Addo asked his Finance Minister, Kenneth Nana Yaw Kuntunkunuku Ofori-Atta, to contact the IMF for an Enhanced Domestic Programme (EDP).

The government has been reassured by the IMF delegation that the Program will instead guarantee the “efficiency and sustainability” of the centerpiece education program, Free SHS.

“We are still at an early stage in the discussions, but we believe that the free Senior High School (SHS) is an innovative policy that needs to be protected,” the Fund stated in its FAQs after the conclusion of the team’s visit on Wednesday.

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“In general, IMF-supported programs seek to boost social spending while encouraging both efficiency and sustainability.

“As discussed above, the IMF-supported program would aim at protecting the vulnerable and creating conditions for an inclusive growth.”

IMF ‘saves’ Free SHS, calls it innovative

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