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Why should we continue to borrow to finance Free SHS? - Seth Terkper questions

Former Minister of Finance, Seth Terkper has questioned why a country whose debt to Gross Domestic Product (GDP) ratio stands at 80% continues to borrow to finance Free Senior High school. He made this statement on Atinka TV this morning, Tuesday 13th April, 2021.

His claim was in response to Ghana's rising debt stock and the current Government's over reliance on borrowing. The former Minister said, he does not understand why free Senior High School is wholesale but believes it should be enjoyed by students who come from poor economic backgrounds.

He however suggested a few ways which could be adopted to save this country millions Ghana Cedis.

He said, " we should expand the COCOBOB scholarship scheme to cater brilliant but needy students. I do not want to be too political but another way could be completion of community day school to ensure that students attend schools within their localities. How can a child cross four regions to school if there is one in his or her local community".

He continued by saying that, parent who want send their children to boarding house should be willing to pay in order not to overburden the government.

He told the host, "if you have a relatives in the United States of America, you can crosscheck from them. Students attend community high schools in America. Those who want to send their wards to boarding school have to pay".

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Atinka TV Finance Free SHS Ghana Seth Terkper

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