Sunday, April 12, 2026
  • HOME
  • ENTERTAINMENT
  • SPORTS
  • LIFESTYLE
  • BUSINESS
  • GENERAL NEWS
  • POLITICS
  • WORLD NEWS
  • TV
  • RADIOS
  • CONTACT US
  • OUR SHOP
No Result
View All Result
Kumasi Online Tv
Kumasi Online Tv
  • HOME
  • ENTERTAINMENT
  • SPORTS
  • LIFESTYLE
  • BUSINESS
  • GENERAL NEWS
  • POLITICS
  • WORLD NEWS
  • TV
  • RADIOS
  • CONTACT US
  • OUR SHOP
KUMASI ONLINE TV
No Result
View All Result
ADVERTISEMENT
Home BUSINESS

World Bank Supports Government With GH₵ 42 Million To Pay LEAP Arrears 

Kumasi Online by Kumasi Online
5th April 2022
in BUSINESS
0
17
SHARES
143
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT

The World Bank has released GH₵ 42 million through the Ghana Productive Safety Net Project 2 (GPSNP 2) to support the government to pay two cycles of arrears of the Livelihood Empowerment Against Poverty (LEAP) for 344,000 beneficiary households.

The ongoing global economic challenges, which have been worsened by the COVID-19 pandemic, have increased the economic strain domestically, leading to progressive delays in LEAP payments.

A statement issued in Accra said this had in turn impacted LEAP beneficiaries, notably the poor and vulnerable who naturally suffer the most.

“We are happy to support in the interest of beneficiaries to assist the government with the LEAP payments to avoid eroding gains made over the years and safeguard beneficiary households’ wellbeing and their resilience to shocks,” it said. 

Mr Pierre Laporte, the World Bank Country Director for Ghana, Liberia and Sierra Leone, said these payments would be completed in April 2022 and would help cushion the government in the interim as efforts were made to identify and provide sustainable, and reliable funding for the LEAP programme and social protection interventions, in general. 

The LEAP programme is one of the Government of Ghana’s flagship social protection programs, initiated in 2008.

The programme seeks to smoothen consumption of targeted extreme poor households, specifically focusing on the poor within the following categories: orphans and vulnerable children, the elderly (65years and above) severely disabled, and pregnant women or mothers with children under one year.

It also aimed to increase access to basic social services like healthcare through enrollment on the National Health Insurance Scheme, as well as boost human capital by encouraging beneficiary households to enroll their school-going aged children in school.

It said per the Ghana Productive Safety Net Project (GPSNP) 2 programme design, beneficiary households receive cash grants through electronic payments every two months and the cash benefit sizes differ, depending on how many persons in the household are considered eligible to receive the grant.

The benefit ranges from GH₵32 to GH₵53 per eligible beneficiary, per month. 

The statement said over the years, the government had progressively increased the programme’s beneficiary reach from 1,645 beneficiary households in a few districts at initiation in 2008, to a current reach of 344,023 beneficiary households in all districts across the country.

Additionally, the government had demonstrated its commitment to the programme’s implementation by progressively increasing its contribution to the program.

It is currently funding approximately 80 percent of the total funding of the programme, with development partners’ support comprising the remaining 20 percent.

It said particularly within global economic downturns, such as the current one on the back of the COVID-19 pandemic, it would be important for the government to identify ring-fenced funding to ensure regular payments of social welfare programmes.

The World Bank remained committed to working with the government, through both technical and financial support, in its agenda to support the poor and vulnerable populations, through needed social assistance programming.

SEND A STORY: Do you have a story for us or need a promotion/advertisement? Submit them via our email dannyboy744@gmail.com and via on +233 266777777

Previous Post

Mobile Money Loses GH¢10bn In Value As E-Levy Implementation Nears

Next Post

Speaker Bagbin refers Ken Agyapong, Adwoa Safo, Henry Quartey to privileges committee over absenteeism

Related Posts

BUSINESS

April’s inflation rate slightly decreases to 25%.

8th May 2024
BUSINESS

Dumsor compels retailers to keep fuel and generators inside their establishments GUTA says, ‘It’s dangerous’ for market safety and security

29th April 2024
BUSINESS

You have 120 days to raise funds in order to restructure operations, and two weeks to start paying salaries. Lands Min. to FGR

25th April 2024
BUSINESS

Ghanaians with foreign income are urged by GRA to voluntarily comply with their taxes

17th April 2024
BUSINESS

Petrol Price To Hit Single Digit- IES …Diesel To Drop To GHC11

30th December 2022
A petrol station worker fuels a car along Kimathi street on July 14 2019,after the Energy and Petroleum Regulatory Authority (EPRA) announced new retail pump prices of petroleum products effective from July 15 to August 14, 2019.price of super petrol increase by Sh0.29 per litre while diesel and kerosene decreased by Sh0.88 and SH2.31 per litre respectively.PHOTO|SILA KIPLAGAT
BUSINESS

COPEC predicts marginal reduction in fuel prices from January 1

30th December 2022
Next Post

Speaker Bagbin refers Ken Agyapong, Adwoa Safo, Henry Quartey to privileges committee over absenteeism

Looming danger: Children turn Tamale Interchange into playground

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

SUBSCRIBE TO OUR CHANNEL

LISTEN LIVE

PLACE YOUR ADVERT HERE

ENROLL NOW +233 550623377

LAST TWEETS




KUMASI ONLINE GH




KOBOKOBO (SEASON 1) EP 1
KOBOKOBO (SEASON 1) EP 2
KOBOKOBO (SEASON 1) EP 3
KOBOKOBO (SEASON 1) EP 4
KOBOKOBO (SEASON 1) EP 5
KOBOKOBO (SEASON 1) EP 6
KOBOKOBO (SEASON 1) EP 7
KOBOKOBO (SEASON 1) EP 8
KOBOKOBO (SEASON 1) EP 9
  • Blog
  • Privacy
  • Advertisement
  • Contact

Connect With Us Online Sales: 0208115183 | 0266777777 | Ads Dept: +233 550623377 © 2017-2024 All Rights Reserved Kumasi Online Ghana .

No Result
View All Result
  • HOME
  • ENTERTAINMENT
  • SPORTS
  • LIFESTYLE
  • BUSINESS
  • GENERAL NEWS
  • POLITICS
  • WORLD NEWS
  • TV
  • RADIOS
  • CONTACT US
  • OUR SHOP

Connect With Us Online Sales: 0208115183 | 0266777777 | Ads Dept: +233 550623377 © 2017-2024 All Rights Reserved Kumasi Online Ghana .

Verified by ExactMetrics