Inflation
August 2017
12.30%
SEIP agreement between Ghana and the World Bank

The significance of this credit in improving access and quality of secondary education in the country cannot be over emphasized and we are thankful to the World Bank for the prompt response to H.E. The President’s request to process this facility expeditiously. In view of this the new loans that we are contracting currently have all been pre-programmed and their impact on our Debt Sustainability Analysis properly assessed. Emphasis is also being placed on economic and social projects that have significant short to long term impact on the economy.

Secondary Education Improvement Project

Why did the World Bank agree to lend money to Ghana for secondary education at this time of tight budget control? Ghana's Constitution mandates that all efforts are made to make education gradually universal and progressively free. With access to primary education becoming near universal in Ghana, new priorities are emerging at post-basic level where the demand for secondary education is fast increasing and the supply of SHS has not kept pace.

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