Government plans to finish 5000 projects under the Poverty Eradication Program. #Budget2020
According to the government, the Infrastructure for Poverty Eradication Programme is on track to finish 5000 active projects by 2022.
Ken Ofori Atta, the Finance Minister, stated in his presentation of the government’s 2022 Budget and Economic Policy to Parliament on Wednesday (17 November 2021), that “in 2022, the government will focus on completing the nearly 5000 ongoing projects under the Infrastructure for Poverty Eradication Programme.”
“Under the “One Village One Dam” campaign, a total of 730 out of 1,000 mechanized water systems have been completed, as well as 507 tiny earth dams out of the 560 intended,” he observed.
Furthermore, As part of the Poverty Eradication Programme, Ofori Atta stated that several infrastructure projects in agriculture and other sectors of the economy have been completed and are in use by the target communities.
“The agriculture component’s 50 rural marketplaces have all been finished. In addition, 451 more constituency projects have been completed and are in use by the recipient communities, spanning all sectors such as health, education, agriculture, roads, and security,” he added.
At a ceremony in Ejura in the Ashanti Region in 2017, President Nana Addo Dankwa Akufo-Addo launched the Infrastructure for Poverty and Eradication Programme (IPEP) to assist the government’s main initiatives for sustainable socio-economic development.
The “One District, One Factory,” “One Village, One Dam,” “Agricultural Infrastructure,” “Water for All,” and “Sanitation” programs are only a few of them.
Under the IPEP, the government would provide each of the jurisdictions with a one-time investment of $1 million in infrastructure development in exchange for the effective execution of the projects.