Audio By Carbonatix
The Ranking Member on the Constitutional and Legal Committee, Bernard Ahiafor, has accused the government of seeking to collapse the Ghana Education Trust Fund (GETFund).
According to him, the government’s inability to pay monies due the fund is slowly crippling and limiting its mandate.
“Several attempts made to ensure that the full amount of VAT paid by Ghanaians be released to the GETFund for financing education in this country, is to no avail. In the 2023 budget for instance, if we look at page 190, it is stated clearly that the projected revenue for the 2.5% VAT meant for GETFund is GH₵4.65 billion."
“Now if you go to page 191 it is stated that their expenditure items is only GH₵1.8 billion out of the GH₵4.65 billion that will be released to the Fund and a cause for worry,” he told JoyNews on Friday.
His comments come on the back of a petition by the National Union of Ghana Students (NUGS) to Parliament’s Education Committee to de-cap GetFund.
According to the group, there has been a decline in the funding of education as a result of the capping of the GETFund.
“Our concern primarily stems from the concerns of declining funding for education which emanates from the GETFund. Act 947, especially the GETFund part, is an enemy of the progress of education in Ghana,” the group said.
Mr. Ahiafor believes this is an attempt by the government to collapse the fund.
“Now out of even the small amount that is supposed to be released to GETFund, government is in arrears of a huge amount of money to GETFund. Now when the situation continues like this. For me, this current government intends to collapse the GETFund,” he said.
The Member of Parliament for Akatsi South stressed that the delayed disbursement to GETFund has halted the Funds' projects and scholarships.
“GETFund is not able to support the Student Loan Trust Fund (SLTF), it is not able to support the Scholarship Secretariat. There are a lot of uncompleted GETFund projects in terms of the school infrastructure from the basic schools to the tertiary level. GETFund is owing contractors huge amounts of money,” he said
However, he assured that the Minority “will do everything possible to ensure that whatever is supposed to be released to GETFund is released, so that the Fund does not collapse,” he said.
Meanwhile, the Government has not responded to the matter.
Latest Stories
-
Zelensky signals progress in talks with US on peace plan
26 minutes -
Don’t scrap OSP – Anti-corruption CSO demands review
4 hours -
GIS, EU vow closer security cooperation to boost northern border control
4 hours -
IGP leads major show of force with new armoured fleet
6 hours -
Two female prison officers killed in ghastly crash
6 hours -
Abolish or Reform? Abu Jinapor counsels sober reflection on debate over future of Special Prosecutor’s Office
8 hours -
2026 World Cup: Can Ghana navigate England, Croatia, and Panama in Group L?
8 hours -
NAIMOS task force arrests 9 Chinese illegal miners, destroys equipment at Dadieso
8 hours -
NAIMOS advances into Atiwa Forest, uncovers child labour, river diversion and heavy machinery
9 hours -
NAIMOS Task Force storms Fanteakwa South, dismantles galamsey operations
9 hours -
The Kissi Agyebeng Removal Bid: A Look at the Numbers
10 hours -
DVLA to roll out digitised accident reports, new number plates and 24-hour services
10 hours -
DVLA Workers’ Union opens 2025 Annual Residential Delegates Congress with call for excellence, equity and solidarity
11 hours -
Scholarships Secretariat sets December 8–9 interviews for Commonwealth Scholarship applicants
11 hours -
WASSCE decline reveals deep gaps, there’s need to overhaul education system – Franklin Cudjoe
11 hours