
Audio By Carbonatix
President John Mahama says Ghana must urgently boost domestic financial mobilisation if it wants a strong and sustainable education system.
He warned that long-term progress cannot depend on external support alone.
Speaking at the 2025 Doha Forum in Qatar, he said international assistance still matters, but real transformation requires reliable internal funding driven by national ownership.
He pointed to the Ghana Education Trust Fund as proof that Ghana can finance its own priorities when it chooses to do so.
He said the 2.5% VAT contribution on goods and services shows how local resources can sustain the education sector.
“At a point in time, we realised that education was a key sector to Ghana’s progress and development, and so as a nation we decided to contribute to everything we purchase 2.5% VAT, and that goes into the Ghana Education Trust Fund.
"That fund alone is able to mobilise sufficient revenue,” he told the gathering.
President Mahama said Ghana must strengthen its domestic revenue systems to cut over-reliance on donors.
He said consistent internal financing is necessary for school infrastructure, learning materials, and the expansion of tertiary education.
He also turned attention to the country’s agricultural challenges. He said Ghana must overhaul its farming systems to match fast-changing climate patterns.
He stressed that the era of depending mainly on rain-fed agriculture is over. He called for major investment in irrigation to protect farmers and secure food production.
“We need to adapt our agriculture to a new reality. That means we must put more land under irrigation.
"Poor farmers will not be able to afford the cost that comes with it, and that is why my government has decided to embark on appropriate and affordable irrigation for the farmers,” he said.
The President said improved irrigation will raise productivity, create rural jobs, stabilise food supply, and strengthen climate resilience.
His remarks at the Doha Forum reflected Ghana’s wider development vision, which centres on domestic resource mobilisation, education reforms, and a modern agricultural system built to withstand global climate pressures.
Latest Stories
-
Netflix earnings forecast disappoints Wall Street, shares tumble
26 minutes -
Blasts reported in Iran as US launches new wave of strikes
35 minutes -
Trump Media to sell early access to key social posts
45 minutes -
Parliament passes Tribunals Bill, 2026
3 hours -
Kris Jenner’s mother Mary Jo dies aged 91
3 hours -
The financial winners and losers from the World Cup
4 hours -
As heatwaves strike, Europeans turn to prized Chinese air-conditioner
4 hours -
At least one dead in Texas floods ravaging same area where campers died
4 hours -
Trump administration tightens visa rules for foreign students
4 hours -
Texas will investigate ICE’s fatal shooting of man in Houston, governor says
4 hours -
White House teleprompter operator accused of making $100k off Trump speech bets
4 hours -
TikToker jailed for offensive conduct
5 hours -
‘We don’t need tribunals again’ — Minority stages walkout over bill
5 hours -
Teacher jailed 12 years for defiling pupil under his care
5 hours -
Court jails head porter 10 years for robbery at Aflao
5 hours