General News

Government Uncaps GETFund, Injects GH¢4.1 Billion into Free Secondary Education

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The government has announced plans to uncap the Ghana Education Trust Fund (GETFund), unlocking an additional GH¢4.1 billion to support free secondary education. Presenting the 2025 budget to Parliament, Finance Minister Dr. Cassiel Ato Forson emphasized President John Mahama’s commitment to ensuring sustainable funding for education.

The decision to uncap the GETFund addresses a long-standing concern about the quality and funding of free secondary education. By making dedicated funds available, the government aims to support not only free secondary education but also free tertiary education for Persons with Disability (PWDs).

Beyond uncapping the GETFund, the government has taken steps to absorb the debt service obligations related to the Daakye bond, previously contracted by GETFund. This move is expected to free up additional resources for critical educational investments, including infrastructure, teaching materials, and student support programs.

This development is a significant step towards achieving the government’s vision for a robust education sector. As the government works to address the financial constraints that have long plagued the sector, Ghanaians can expect to see improvements in the quality of education and the opportunities available to students. The move to uncap the GETFund is a testament to the government’s commitment to prioritizing education and investing in the country’s future.

Ruth Abla ADJORLOLO