President John Mahama’s determination to scrap gas allowances for political appointees might save Ghana over GH¢121 million in 4 years.
In accordance with Financial Coverage Advisor Dr. Sharif Mahmud Khalid, the financial savings might fund a whole lot of well being and training tasks throughout the nation.
Talking on JoyNews’ PM Specific on Tuesday, July 15, Dr. Sharif mentioned a tough estimate utilizing gas consumption knowledge from GOIL confirmed that if 1,000 authorities automobiles—comprising 500 saloon automobiles and 500 4x4s—had been utilizing 50 liters of gas per week per automobile, Ghana might save “in all probability a few whole of two.5 million plus a month and 30 million plus a 12 months.”
He pressured these had been conservative projections.
“The fleet could possibly be greater than 1,000, however I’m simply utilizing 1,000 as a benchmark determine right here to see what we might accumulate,” he defined.
Utilizing a four-year outlook, Dr. Sharif pegged the potential financial savings at “GH¢121 plus million in 4 years,” and provided a snapshot of what such an quantity might imply in concrete phrases for improvement.
“If you happen to have a look at these figures of 4 years, we’re in all probability speaking about, let’s say, a maternity block for a hospital or clinic prices in all probability about GH¢1.5 million… we might in all probability get a mean of 81 of them out of the financial savings,” he mentioned.
He went additional, stating that based mostly on present unit value assumptions, the identical financial savings might construct 303 CHPS compounds or 121 six-unit classroom blocks. “That’s, if you happen to use 1,000 fleets, 500 being saloon, 500 being 4×4… So there’s some actual justification to what it’s,” he mentioned.
Although he clarified that the figures weren’t precise authorities projections, Dr. Sharif mentioned they had been meant to offer Ghanaians “the holistic image of what expectation we might have, and the financial savings we might make if we truly adhere to this coverage.”
He emphasised that these examples weren’t declarations of presidency plans, however quite illustrations of the dimensions of improvement potential Ghana might unlock by slicing wasteful expenditure.
“That is what I did within the studio, utilizing GOIL’s figures… I’m certain subsequently, the President and the federal government communication equipment will probably be popping out to say, that is what we’ll use the cash for,” Dr. Sharif concluded.
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