Audio By Carbonatix
The Ghana Education Trust Fund (GETFund) Administrator says the Fund has received Parliamentary approval to bring to completion all awarded projects before 2017 and projects post-2017 to date over the next three years.
Dr Richard Boadu giving the background to this approval, stated that on March 17, 2022, the management of the Fund sought approval from the Board of Trustees for a three-year project completion plan in phases, and that this was granted.
He said this was part of a wider plan that included bringing to completion by the end of 2022 all pre-2017 E-block projects that had attained 70% completion to date.
He further stated that on March 23, GETFund presented its plan to the Education sub-committee of Parliament and that Parliament subsequently approved this in April 2022.
According to the Administrator, the total number of uncompleted projects awarded since 2017 currently amounts to 1,044 across the education spectrum.
This includes 544 at the basic level, two TVET centres, nine projects in model schools, 487 second-cycle projects and two at the tertiary level.
Dr Boadu indicated that this would be a mix of proceeds from bonds and GETFund annual budgetary allocations on the funding sources.
He expressed the Fund’s delight over the Parliamentary approval. “We are poised to usher the Fund into another exciting era to tackle once and for all the infrastructure landscape in our education system that is littered with many uncompleted projects,” he said.
The Administrator explained that since 2017, projects awarded have always had a funding source and measures put in place to ensure effective project management.
He assured Ghanaians that the Fund remains committed to its core mandate to provide the necessary support to educational institutions and help enhance teaching and learning across all levels of the sector.
Latest Stories
-
Insist on VAT receipt to ensure full benefit of reduced taxes – GRA appeal to shoppers
5 minutes -
JoyNews launches ‘Roads of Peril’ on January 8 to expose dangers lurking on Ghana’s roads
8 minutes -
Bawumia outperformed Kufuor in first election, can lead NPP to victory – Oppong Nkrumah
14 minutes -
Cedi appreciation began under NPP, not NDC – Kojo Oppong Nkrumah
27 minutes -
Photos: Asantehene pays historic visit to the Ghana Police Service Headquarters
40 minutes -
Restrain supporters from attacking journalists ahead of flagbearership contest – GJA warns NPP
50 minutes -
President Mahama to cut sword for commencement of Accra-Kumasi Expressway construction
1 hour -
Ghana ranks 6th best English-speaking country in Africa, 36th globally – EF Index
2 hours -
National Gun Amnesty urges voluntary surrender of firearms to strengthen national peace
2 hours -
Cedi appreciation didn’t start under the NDC; it started in 2024 under the NPP — Kojo Oppong Nkrumah
2 hours -
Mahama commends Lands Minister as anti-galamsey efforts show signs of success
2 hours -
The Quiet Subversion of Esther Adeola Seriki’s “Everyday Grace”
2 hours -
Zelensky replaces Ukraine’s powerful security service chief
2 hours -
Man Utd hold talks with trio over caretaker role
2 hours -
High Commissioner Harruna Attah advances AfCFTA agenda through November in Namibia Business Forum
2 hours
