Thursday, November 17, 2011

GOVERNMENT ALLOCATES GHC32 BILLION FOR POVERTY REDUCTION

The Finance Minister, Dr Kwabena Duffour says the government plans to reduce poverty by increasing funds allocation to GHC3.2 billion.

He says the amount is intended to support basic education, primary health care, poverty-focused agriculture, rural water, feeder roads, and rural electrification.

Dr Duffour stated that during the year 2011, a total of GH₵2.9 billion was spent on poverty reduction programmes and projects.

He revealed that Government has released an amount of GH¢30.0 million to the Savanna Accelerated Development Authority (SADA) for the implementation of its work programme in 2012.

The Finance Minister, Dr Kwabena Duffour says government will source funding to complete the 4,720 Government Affordable Housing Projects at Borteyman, Kpone, Koforidua, Asokore-Mampong, Tamale and Wa.

He explains that the move is to reassure the public that government has not abandoned the affordable housing projects started by the NPP government.

The Minister says Government will also provide 4,000 new boreholes countrywide in fulfillment of its promise of providing 20,000 boreholes over the next 5 years.

Dr Duffour says for the implementation of these programmes and activities, the Water Resources, Works and Housing Ministry has been allocated an amount of GH¢283,176,014.00

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