The International Monetary Fund (IMF) says that the Free Senior High School (Free SHS) policy, which was started in 2017,has helped increase second-cycle school registration, but that the programme is not well-targeted.
Before the $3 billion bailout was passed, a report said, “The flagship Free Senior High School, which covers the full cost of secondary education, has helped increase enrollment but is poorly targeted.”
Even though the country spends more than 4% of its GDP on education and has a high participation rate, a financial body in the United States said that the country’s learning results are not good enough.
The International Monetary Fund’s (IMF) comment on the Free SHS policy comes after the IMF’s executive board approved a long-awaited $3 billion bailout for Ghana to try to fix the country’s worsening economic crisis.
A statement from the International Monetary Fund on Wednesday said that the deal allows $600 million to be released right away and the rest of the money to be released over the next three years.
President Nana Akufo-Addo started the Free Senior High School (Free SHS) education programme in September 2017 so that qualified BECE students could continue their secondary education for free.
The main ideas of the policy, which are access, fairness, and equality, are in line with the updated Sustainable Development Goals of the United Nations, which member countries have accepted.
