The National Board for Small-Scale Industries (NBSSI) has started disbursing GH¢50 million to private schools which applied for loans under the Coronavirus Alleviation Programme Business Support Scheme (CAP BuSS).
The disbursement is expected to enable about 2,000 private schools to pay the salaries of their teachers and other members of staff.
Most private schools have not been able to generate funds to pay their staff following the closure of schools for the past six months due to the outbreak of the coronavirus disease (COVID-19) pandemic.
The development has brought financial hardship on teachers and other members of staff of the affected schools, for which reason the schools appealed for a bailout from the government.
Source: Graphiconline