BY TIMES REPORTER
Ministry of Finance has released GHȻ1, 664 million, about $320 million for the implementation of the $1 million per constituency pledge under the Infrastructure for Poverty Eradication Programme (IPEP) for 2020.
The commencement certificate, granted to the three development authorities in the country covers $275 million dollars for the 275 constituencies nationwide and $45 million for outstanding commitments.
The IPEP, popularly known as One-Million-Dollars-Per-Constituency, is a flagship government initiative to address critical infrastructure deficit identified by local actors at the constituency level.
In the run up to the 2016 election, the New Patriotic Party, promised to eradicate poverty and minimize inequality among socio-economic groups within geographical areas through direct provision of basic infrastructure at the constituency level, especially in rural and deprived communities.
To attain this, IPEP was crafted to be the main vehicle to direct capital expenditure towards constituency-level specific infrastructure and economic development priorities. Read more…
