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
-
Afroquality announces ‘Becoming Us’ – a first-of-its-kind PanAfrican micro series redefining how brands tell African stories
29 minutes -
Government’s reduction of Lithium Royalty Rate from 10% to 5% raises serious concerns – APL
58 minutes -
“Africa cannot afford to be a bystander” – Mahama
58 minutes -
Halt ratification of revised lithium agreement between Ghana and Barari
1 hour -
Gov’t will continue to prioritise quality healthcare at all levels – Vice President
1 hour -
Why the NDC’s reduced Lithium Royalty Rate proposal is “Strange and Legally Baseless” – Africa Policy Lens
1 hour -
Your non-involvement enabled us to speedily approve our estimates – Ayariga trolls angry Minority
1 hour -
Christian Council commends government’s Sanitation Week initiative ahead of Christmas
2 hours -
Ghana risks losing about US$630 million if government reduces lithium royalty rate from 10% to 5% – Africa Policy Lens warns
2 hours -
Parliament approves budget allocations despite Minority’s chaotic scenes over Kpandai dispute
2 hours -
GhanaFest Europe debuts in The Hague, showcasing trade and culture
2 hours -
Commercial Curiosity: The Unseen Driver of Opportunity
3 hours -
Mahama calls for public–private partnerships to make healthcare more accessible
3 hours -
Rules being twisted to perpetrate injustice – Oppong Nkrumah on NPP’s withdrawal of cooperation
3 hours -
Chaos erupts in Parliament as Minority storms centre of floor over Kpandai seat controversy
3 hours
