Gov't Clarifies Misinformation On National Rental Assistance Scheme
The attention of the Ministry of Works and Housing has been drawn to publications on social and traditional media platforms, questioning the feasibility of the National Rental Assistance Scheme (NRAS) which was launched by His Excellency, the Vice President Alhaji Dr. Mahamudu Bawumia on 31st January, 2023.
According to a statement by the Ministry, the National Rental Assistance Scheme is a public-private partnership.
It continued that government has contracted Rent Masters Ghana Ltd., a fully owned Ghanaian company to assist in executing the programme.
"The decision to have a public-private partnership was informed by the following considerations:
"To ensure due process and value for money for the sustainability of the Scheme, Ensure accountability and protect the public purse, exploit the experience and working business model of Rent Masters Ghana Ltd. to minimize risk, and promote private sector management in providing solutions to housing challenges," the statement outlined.
The general public has been asked to disregard all information intended to disparage this good initiative.
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