BASIC EDUCATION RECEIVES HIGHEST GETFUND ALLOCATION IN 7 YEARS
BASIC EDUCATION RECEIVES HIGHEST GETFUND ALLOCATION IN 7 YEARS
Parliament has approved the highest-ever Ghana Education Trust Fund (GETFund) allocation to basic education (GH¢ 800 million).
The amount constitutes 20% of the total GETFund Formula for 2024, compared to 12% in 2023.
The 2024 allocation is a 196% increase from the GH¢ 270 million allocated in 2023.
Of the allocation to basic education, GH¢ 370 million is earmarked for new and ongoing basic school projects (GH¢ 270 million) and furniture (GH¢ 100 million).
This is huge progress!
The development follows a one-year intensive advocacy for desks and basic school infrastructure, with support from FCDO and Oxfam, and in partnership with STAR Ghana Foundation, ActionAid, education CSOs, and the media.
Meetings with the Parliamentary Select Committee on Education, and regular engagement with the Minister of Education have been productive and will continue, to ensure full budget execution, spending efficiency, and quality implementation.
Eduwatch and its partners are grateful to the Parliamentary Select Committee on Education and the Minister of Education.
They urge the Ministry of Finance to improve upon the slow release of the GETFund to ensure all ongoing projects are completed this year.
Source; Africa Education Watch
