The Ministry of Finance has authorized the Controller and Accountant-General to release an amount of GH¢ 49,998.626.72 to the Ghana Education Service (GES) to settle outstanding arrears of teachers.
According to a statement dated September 10, 2019, and signed by Deputy Minister of Finance, Abena Osei-Asare, the Ministry indicated that the funds are for the payment of outstanding transfer grant and other allowances to qualified staff of the GES from 2017-2019.
It revealed that outstanding transfer grant for 2017 was GH¢ 13,999.999.38 and other allowances amounting to GH¢ 4,330.688.00 for that year.
In 2018, it said, total outstanding transfer grant was GH¢ 12,601,636.99 and other allowances standing at GH¢ 3,625,088.00.
For 2019, the outstanding transfer grant was GH¢ 12,346.050.00 and other allowances amounting to GH¢ 3, 095,164.00.
Dan Soko is a short story author and web content editor. He has work appearing or forthcoming in over a dozen venues, including GhanaScoop, Nigeria Daily News and CapitalBay. When he’s not frightening strangers with his post and writing, he’s most likely frightening his wife Mimi and their two mischievous cats: Buttons and Snaps. You can visit him at www.ghananation.com/author/webby.