General News of Tuesday, 15 May 2018 Source: classfmonline.com Former President John Dramani Mahama The Ministry of Education has said former President John Mahama got it all wrong when he said the Akufo - Addo government has paid only 30 per
cent of the funds meant for the first - year implementation of the Free Senior High School programme.
At a meeting with former Metropolitan, Municipal and District Chief Executives (MMDCEs) who served during the National Democratic Congress (NDC) administration, Mr Mahama said the government had paid only 30 per
cent of the funds meant for the Free SHS programme.
Not exact matches
Too often, this
means their only recourse is to source
funds from alternative or private lenders who charge rates well in excess
of 20 per
cent.
That
means the US central bank is halfway to its target, given the current fed
funds rate
of 1.75 per
cent and the 150 basis points in hikes the Fed has implemented since December 2016.
Thanks to the same figures which
mean improving macroeconomic fundamentals, we have been able to transfer some GH
cents 3.1 billion
of Tier 2 pension
funds into the custodial accounts
of the pension schemes
of the labour unions,
funds that have been outstanding for six years, and about which the labour unions had been loudly complaining.
He continued, «Thanks to the same figures which
mean improving macroeconomic fundamentals, we have been able to transfer some GH
cents 3.1 billion
of Tier 2 pension
funds into the custodial accounts
of the pension schemes
of the labour unions,
funds that have been outstanding for six years, and about which the labour unions had been loudly complaining.»
That this House declines to give a Second Reading to the Welfare Benefits Up - rating Bill because it fails to address the reasons why the cost
of benefits is exceeding the Government's plans; notes that the Resolution Foundation has calculated that 68 per
cent of households affected by these measures are in work and that figures from the Institute for Fiscal Studies show that all the measures announced in the Autumn Statement, including those in the Bill, will
mean a single - earner family with children on average will be # 534 worse off by 2015; further notes that the Bill does not include anything to remedy the deficiencies in the Government's work programme or the slipped timetable for universal credit; believes that a comprehensive plan to reduce the benefits bill must include measures to create economic growth and help the 129,400 adults over the age
of 25 out
of work for 24 months or more, but that the Bill does not do so; further believes that the Bill should introduce a compulsory jobs guarantee, which would give long - term unemployed adults a job they would have to take up or lose benefits,
funded by limiting tax relief on pension contributions for people earning over # 150,000 to 20 per
cent; and further believes that the proposals in the Bill are unfair when the additional rate
of income tax is being reduced, which will result in those earning over a million pounds per year receiving an average tax cut
of over # 100,000 a year.
The federal minister for the environment, Greg Hunt, says a series
of conditions on the development, including
funding for programmes to support the health
of the reef, will
mean that the water quality will actually improve by 150 per
cent.
The effect
of the planned changes is expected to grow direct
funding to universities for teaching, learning and research from $ 10.7 billion in 2017 by 8 per
cent to $ 11.5 billion in 2021, and taxpayer - backed student loans paid to universities from $ 6.4 billion to $ 7.4 billion,
meaning a total
funding increase
of 11 per
cent, if universities maintained their current enrolment patterns.
However, the Institute for Fiscal Studies brought us back to reality when it announced the next day that the additional
funding meant a real terms cut
of nearly five per
cent until 2019.
Rising costs and flat
funding mean schools are facing real - terms cut in their
funding of about 8 per
cent over the next few years.
Sundorph said the DfE was included in this calculation: «This
means 96 per
cent of admin staff will become automated at DfE and its arm's - length bodies — the Education
Funding Agency, Standards and Testing Agency, and The National College for Teaching and Leadership.»
The current MFG
means schools can't lose more than 1.5 per
cent of their
funding per pupil, per year.
Greening said the government will also retain the current minimum
funding guarantee for schools —
meaning no school can face a «
funding reduction
of more than 1.5 per
cent per pupil next year in what it received through the local authority
funding formula».
Obviously, it will have to be 20 per
cent (ignoring fees) and so there is no way that a comparison between the average return earned by the active managers with the index return will make investors aware that markets have become efficient.1 In other words, the warning light to signal that markets have become inefficient will never light up and so there is no reason to expect that investors will come to a realisation that the flow
of investment
funds to index investing has gone too far —
meaning that the envisaged constraint on the flow
of funds to index investing is unlikely to eventuate.»
This
means the IRA
funds transferred to an RRSP may be subjected to double taxation: once at 30 per
cent (or 40 per
cent if under 59.5) in the year
of transfer and again when the RRSP (or, ultimately, RRIF)
funds are withdrawn and taxed on his Canadian return.
Royal LePage underwrites the administrative costs, which
means 100 per
cent of the
funds raised go to the more than 200 Canadian shelters the foundation supports, says Shanan Spencer - Brown, who joined the shelter foundation as executive director in mid-January 2011.