Audio By Carbonatix
Minister for Education, Haruna Iddrisu, has reiterated the government's commitment to strengthening the financial foundation of the country’s education sector, praising the Finance Minister, Dr Cassiel Ato Forson for uncapping the Ghana Education Trust Fund (GETFund) in the 2025 Budget.
He says uncapping GETFund will enhance the administration of Ghana's education sector as it will boost infrastructure expansion.
The Finance Minister presented the 2025 budget in parliament on Tuesday, March 11, 2025.
Speaking on Joy FM’s Super Morning Show on Wednesday, March 12, Mr. Iddrisu, described the current efforts as “a good beginning and a good start,” highlighting key financial strategies aimed at ensuring sustainable educational development.
According to the minister, the government has identified three major steps to improve funding in the education sector.
The first step involves uncapping the Ghana Education Trust Fund (GETFund), allowing for an increase in financial resources allocated to educational infrastructure and programmes.
Secondly, the government plans to absorb the Daakye bond bills as part of the national public debt, a move aimed at relieving the education sector of the financial pressures and ensuring a more stable allocation of resources.
He said the third and perhaps most significant initiative is dedicating GETFund solely to financing the Free Senior High School (SHS) policy.
“Three, to dedicate Get Fund to the financing of the free senior high school,” he said.
This move, he explained, is expected to enhance the implementation and sustainability of the flagship education programme.
While acknowledging that these measures may not entirely address all financial challenges facing the education sector, Mr. Iddrisu maintained that they are necessary steps towards long-term improvements.
“Now, that may not be enough, but at least a good beginning,” he remarked.
Latest Stories
-
Ghana Impact Project donates $20k to restore mobility for children
3 minutes -
JoyNews’ Kwaku Asante named Best Radio and TV Journalist in Parliamentary Reporting
1 hour -
Education Ministry updates EMIS indicators to strengthen ICT integration in schools
1 hour -
Interior Ministry declares Christmas, Boxing Day and New Year’s Day public holidays
1 hour -
President Mahama directs Finance Ministry to disburse $78m for completion of Takoradi–Agona-Nkwanta road
2 hours -
Interior Minister lauds NIA staff for dedication, pledges continued government support
2 hours -
First Atlantic Bank will run a “proper and decent business” to protect shareholder value – CEO
2 hours -
First Atlantic Bank targets African expansion as IPO strengthens capital, governance
3 hours -
First Atlantic Bank CEO attributes IPO and GSE listing decision to renewed confidence in Ghana’s economy
3 hours -
GPL 2025/26: Bechem United end All Blacks 6-game unbeaten run
3 hours -
Eggs fly off shelves as shoppers throng The Multimedia Group’s X’mas Egg Market on final day
4 hours -
Bankable energy: Why Africa’s downstream sector is the next global investment frontier
4 hours -
Working Capital Management: Do’s and don’ts to consider for 2026
5 hours -
Gold Fields Ghana Foundation empowers youth through education and skills training
5 hours -
Gov’t hid study showing lithium refining can’t be done in Ghana- Bright Simons
5 hours
