Education Minister nominee, Haruna Iddrisu, has pledged that a future administration under President John Dramani Mahama will uncap the Ghana Education Trust Fund (GETFund) to free up additional resources for robust infrastructure development in the education sector.
According to him, he will "engage the Minister for Finance to do this as a matter of expediency and for the President to engage with the IMF to review the memorandum, which included the GETFund in the negotiations."
Appearing before Parliament's Appointment Committee on Monday, January 20, Mr. Iddrisu noted that President Mahama has committed to reviewing the International Monetary Fund agreement, and part of that review will focus on uncapping GETFund to free up resources for education financing, particularly higher education.
"President Mahama and the Minister of Finance have gone public, and I joined them in saying that we will uncap the GETFund to free additional resources to support robust infrastructure development."
He criticised the decision by a former Minister of Finance to cap GETFund, which he said has significantly limited the fund's capacity to address critical infrastructure needs in the education sector.
"Capped, GETFund currently generates about GHS 3.2 billion. Uncapping it will make available GHS 7.9 billion to the Ministry of Education, which will accelerate expanded infrastructure development,” he stated.
He highlighted the pressing needs within the sector, including overcrowded classrooms, lack of sanitation facilities for young girls, and inadequate junior high schools, adding that "uncapping GETFund will provide the resources to tackle these challenges head-on."
Mr. Iddrisu concluded by reaffirming the party’s commitment to using GETFund as a strategic tool to enhance access to quality education and improve infrastructure for the benefit of all Ghanaians.
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