[ad_1]
The launch certificate makes available 1 664 million GH ¢ (equivalent to 320 million dollars) for the 275 constituencies of the country. This covers $ 275 million for 275 constituencies and $ 45 million for ongoing commitments.
IPEP, more commonly known as $ 1 million per riding, is a flagship government initiative to address the critical infrastructure needs identified by local constituency actors.
In the run-up to the 2016 elections, the government promised to eradicate poverty and reduce inequities between socio-economic groups in the geographic areas by providing basic infrastructure directly to the constituency level, particularly in the regions. rural and disadvantaged communities. To this end, the IPEP will be the primary vehicle for channeling capital expenditures to specific infrastructure and economic development priorities at the constituency level.
Under the IPEP, each of the 275 constituencies is allocated the equivalent of $ 1 million per year to invest in infrastructure development initiatives of their choice, managed and implemented. by the three development authorities (Northern Development Authority, Central Belt Development Authority and Coastal Development Authority), under the chairmanship, under the supervision of the Minister for Special Development Initiatives.
The infrastructure projects to be implemented will support and complement other government infrastructure projects.
Since 2017, budget allocations have been allocated to all constituencies in the country. However, because of the time required to put the three development authorities in place, $ 1 million per riding was temporarily administered through the Minister of Special Development Initiatives.
The three development authorities have since been created by an Act of Parliament and are fully operational. As a result, the government has sent opening letters to cover the cedi equivalent of US $ 1 million to the three development authorities to begin implementation of constituency-specific infrastructure needs. .
This project aims to ensure a bottom-up development approach in which the infrastructure needs of each group will be grouped, prioritized and provided with allocated funds. Infrastructure projects such as drainage systems, bridges, urban centers, road repairs, school renovations, office supply to schools and many others are underway in all constituencies of the province. country.
As a result, the Akufo-Addo administration is deeply committed to bridging Ghana's infrastructure and reducing the poverty gap, which is currently estimated at $ 30 billion.
[ad_2]
Source link
