Home / BUSINESS NEWS / Govt Doubles LEAP Cash Grants

Govt Doubles LEAP Cash Grants

Spread the love

Government has increased the Livelihood Empowerment Against Poverty (LEAP) grants paid to beneficiaries of the social intervention programme across the country.

 

Up to 324,073 beneficiary households receive the bi-monthly grants.

The 89th cycle (January and February 2024) LEAP cash grant payment is scheduled to start today across the country after the government allocated GH¢103,251,072.01 to facilitate the payments.

As a result of this increase, the government has released One Hundred and Three Million, Two Hundred and Fifty-One Thousand, Seventy-Two Ghana Cedis (GHC103,251,072.01) to pay the three hundred and twenty-four thousand and seventy-three (324,073) beneficiary households.

The ministry in a statement dated Thursday, June 27, said the 89th cycle (January and February 2024) LEAP cash grant payment is scheduled to start on Monday, July 1, 2024, across the country.

The ministry explained that this upward adjustment in the LEAP grant to beneficiary households follows a prior 100% increase in June 2023.

According to the ministry, this significant increase in financial support underscores the government’s commitment to poverty alleviation and improving the quality of life of the nation’s most disadvantaged citizens.

“Between 2015 to 2023, the LEAP Grants paid to beneficiary households bi-monthly was as follows: One Member Household was entitled to GHe64.00, Two Member Households were entitled to GHC76.00, Three Member Households were entitled to GHC88.00 and finally Four and above Member Households were entitled to GHC106.00.”

 

 

Commitment

Ms Newman said the move reflected the government’s commitment to improve the livelihoods of its citizens and address poverty at its roots. She said the substantial increase would provide enhanced financial support to the most vulnerable people in the country.

“The LEAP programme has been a cornerstone of the country’s social protection strategy, and this increase in grants is expected to have a significant positive impact on the welfare of beneficiary households across the country,” the minister added.

She said as the increased payments began to roll out, the government remained focused on ensuring the efficient and transparent distribution of funds. With the revised amount, Ms Newman said she was determined to ensure that their far-reaching benefits were felt without delay.

 

The minister expressed the hope that the boost in funding would provide the much-needed relief and support to thousands of families across the country to enable them to meet their basic needs more effectively, as well as being able to invest in their future well-being.

“This aligns with the LEAP programme’s goal, which seeks to reduce poverty by smoothening consumption and promoting human capital development among Ghana’s extremely poor and vulnerable households,” she added.

Ms Newman expressed appreciation to the ministry’s partners, including the World Bank, World Food Programme and Foreign Commonwealth and Development Office, for their continuous support to the LEAP Programme.

 

 

 

Watch the video below:

 

Background
The LEAP programme is a cash transfer programme introduced by the government in 2008 for extremely poor and vulnerable households. Eligible households must fall in one or more of three categories of having orphaned and vulnerable children, persons with severe disability without any productive capacity, and elderly persons who are 65 years and above.

 

 

THANK YOU for constantly reading stories on MyGhanaMedia.com, a news publishing website from Ghana. Kindly like, follow, comment, and SHARE stories on all social media platforms for more entertaining updates!

Please subscribe to our YouTube channel:  https://youtube.com/@mgmtv113
Follow us on Facebook:  https://www.facebook.com/myghanamedia3
  Click on the link to join the My Ghana Media channel:  https://whatsapp.com/channel/0029VaPItUF4tRrplYzhHn0U

 

Source:  MyGhanaMedia.com / Narh Noach osoklono

 

There are four types of content published on MyGhanaMedia.com daily: curated content; syndicated content; user-generated content; and original content.

 

 

 

 

 

 

Send your news stories to myghanamedia@gmail.com 

About Adwenpa-Hene

we publish on Entertainment, Sports, Politics, Lifestyle, and Technology. You can also follow Us on : YouTube Channel - My Ghana Media TV, Facebook - MyghanaMedia TV , Twitter - @MyGhanamedia2 & Instagram - My Ghana Media TV. Email Address: myghanamedia@gmail.com Contact Us: 0200818719

Check Also

Voting Day Remains Saturday, 7th December – EC Responds To Misleading Election Date Broadcast

Spread the love The Electoral Commission has issued a press release to debunk a misleading …

x