Government has announced that it is taking steps to review all flagship programmes as part of the conditionalities of the International Monetary Fund (IMF).
The review of the policies is expected to strengthen fiscal policy in the debt-ridden country.
According to government, “the decision for rationalisation will depend on the assessment of efficiency, effectiveness, and value for money for each programme” and for social programmes, it will rationalise and align the spending envelope with SDG targets.
“Flagship programs including 1 Village 1 Dam, 1 District 1 Warehouse, and Infrastructure for Poverty Eradication Project (IPEP) will also be reviewed and streamlined.
“Agenda 111 will be reprogrammed to be completed over five years (2022-27) in line with budgeted allocations to GIIF from ABFA for Health Infrastructure,” it stressed.
Information Minister, Kojo Oppong Nkrumah confirmed that government was considering a review of all existing flagship programmes, and has always been on the table, according to Joy News.
“To be honest this is not the first time that we have made and publicly expressed this intention and this commitment. So it covers all the sixteen flagship programs and it is a constant exercise of looking at the efficiency in terms of the spend, can we make some savings in terms of the spend, how much effectiveness are you achieving for every cedi you are spending on it and in terms of the value for money are you getting every cedis worth for what you are spending on.” he stated.
In IMF’s May 2023 country report on Ghana, it said the government had promised to “review all government flagship programmes and publish a strategy to decide their future course.”
Source: Myxyzonline.com
