Government pumps 2 billion Ghana Cedis into Free SHS – Dr Kingsley Nyarko

Hon Dr Kingsley Nyarko, MP for Kwadaso

Ghana is blessed to have a leader in the person of President Nana Addo Dankwa Akufo-Addo who is bent on transforming the fortunes of Ghana by investing massively in the human capital of this great nation.

So it’s touted that the government’s agenda to invest massively in the education of the masses through the introduction of Free Senior High School (Free SHS) education policy coupled with the implementation of One-District One Factory (1D1F) has seen enormous outcome translating into the economic growth recorded between 2017 and 2019.

According to Member of Parliament for Kwadaso Constituency, Hon Dr Kingsley Nyarko, Ghana’s economy can only compete with the developed nations if its human resource is educated.

Speaking on the theme “The Impact of Socio-Economic Growth on Academic Development” organised by the Student Parliament of the Akenten Appiah-Menka University of Skills Training and Entrepreneurial Development (AAMUSTED) on Saturday, July 17, 2021, Dr Nyarko said, natural resources coupled with human resource alone isn’t enough to propel a nation onto a higher pedestal of development.

“A country’s economy becomes more productive as the number of educated workforce increases, that is; when more educated workers carry out tasks that demands literacy or deep thinking or critical thinking. Thus, education is an investment in human capital.”

“A lot of people think that human resources or natural resources are critical to development in every society. There’s no doubt about that but more critical is the human dimension of the resource. In some jurisdictions, Mr. Speaker, they don’t have enough natural resources yet still, they have huge growth in their respective countries” the MP added.

Dr Nyarko quoted Article 25 Clause 1 paragraph A, B and C of the 1992 Constitution to buttress the need to support government’s quest to create growth and development through the implementation of the Free SHS policy which President Nana Addo Dankwa Akufo-Addo sees needful and important for the creation of a functional society.

“Budget allocation for education was 1.9 billion cedis, almost 2 billion and that 2 billion goes in to Free Senior High School education. 2 billion! And if the economy doesn’t grow, how do we achieve that? So it is true that there’s a link between social and economic growth and academic development in Ghana” Dr Nyarko reiterated.

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