Audio By Carbonatix
The Minister for Education, Haruna Iddrisu, has successfully brokered a high-level consensus on the 2026 GETFund Allocation Framework, paving the way for a revised educational infrastructure financing in Ghana.
Following a series of strategic deliberations with parliamentary and sector leaders, the proposed formula is now set to be laid before Parliament for approval.
The meeting brought together key stakeholders, including the Deputy Minister for Education, the Chair of the Parliamentary Select Committee on Education, and the Administrator of the GETFund, to align the 2026 budget with the national transformation agenda.
Prioritising the vulnerable and healthcare
The 2026 framework introduces landmark shifts in resource distribution, most notably the creation of a dedicated funding stream for Special Needs Education and disability support. This move is designed to address long-standing equity gaps within the sector.
Furthermore, the formula officially integrates President John Dramani Mahama’s pledge to Otumfuo Osei Tutu II regarding the completion of the KNUST Teaching Hospital.
By providing a guaranteed financial lifeline to the project, the government aims to significantly boost both healthcare training and service delivery in the Ashanti Region and beyond.
The Ministry has described the new formula as the "full operationalisation" of a revised strategy aimed at strengthening transparency and accountability. The 2026 framework is built on three core pillars:
- Equity: Ensuring fairness in the distribution of resources across all regions.
- Strategic Alignment: Directly funding the education priorities of the current administration.
- Accountability: Enhancing the efficiency of GETFund disbursements.
“The 2026 framework marks the beginning of the reset and full operationalisation of a revised allocation formula designed to align with the reset agenda of His Excellency John Dramani Mahama,” stated a press release on Tuesday, February 24, signed by Hashmin Mohammed, Press Secretary to the Minister.
Collaborative path to Parliament
The ministry highlighted that the "focused and forward-looking" discussions have resulted in a strong partnership between the Executive and the Legislature.
This synergy is expected to facilitate a smooth passage of the formula through Parliament, ensuring that educational projects for the 2026 fiscal year can commence without delay.
The Minister expressed satisfaction with the collaborative spirit of the engagement, noting that the "transformative agenda" for Ghana’s education sector remains on track to deliver more inclusive and well-resourced institutions nationwide.
Latest Stories
-
GES warns against paying money for recruitment slots
8 minutes -
Interior Minister imposes curfew on 11 Gushegu communities amid rising tensions
25 minutes -
“Where power lies should not determine who is prosecuted” – Tsatsu Tsikata
57 minutes -
Harriet Nartey nominated for Antalya Diplomacy Forum in TĂĽrkiye
1 hour -
My siblings and I were blessed with parents who ignited our quest for knowledge – Tsatsu Tsikata
1 hour -
Mayekoo brings safe water to more than 500 pupils at Vakpo E.P. Primary school
1 hour -
2024 election result vindicates Mahama after 2020 petition dismissal – Tsatsu Tsikata
2 hours -
Firestorm destroys commercial containers in Accra
2 hours -
Gov’t imposes curfew on 11 Gushegu district communities after chieftaincy clashes
2 hours -
Gas supply disrupted after major fault at Ghana Gas Processing Plant
2 hours -
GPRTU welcomes fuel price cut, suspends planned fare increases
2 hours -
Bawumia is the most prepared and best leader for Ghana beyond 2028 – Abu Jinapor
2 hours -
UMB appoints Noble Eduamah as Group Head, Corporate Banking, strengthening leadership for long-term success
2 hours -
Ecosystems over silos: How Access Bank’s Fintech partnerships are redefining value in Ghana’s financial services sector
2 hours -
GFA hands over five vehicles to RFAs, technical units under FIFA Forward Programme
3 hours