The president elect of Ghana, John Dramani Mahama has expressed concerns about the funding crisis currently affecting Ghana’s education system.
This problem is identified in the primary school to tertiary schools.
Speaking with stakeholders in a meeting, Mahama explained that due to the absence of consistence and dedicated funding, the education system is now facing a tough financial constraints.
According to Mahama there is a need for stakeholders to come up with a solution to the funding problem the education sector is facing.
He added that they should have a goal of establishing a sustainable funding model that would be able to attend to the needs of education system and help with their current problem.
“At the last count, 1.3 million Ghanaian children at the basic level do not have basic furniture to sit and study. And so we have a crisis at the basic level. Even though a lot of money is going to the secondary level, it does not come from a dedicated fund, and there is a lot of waste and inefficiency in the way it is being spent on the Free SHS.
“And then at the same time, tertiary education is also starved of funding because the GETFund that was a good source of funding has been collateralised, and so 60 percent of the GETFund has been spent in advance, and so only 40 percent comes to address infrastructure in the whole educational value chain.
“That is a crisis, and that is why I suggested that we should hold a National Education Review Conference and look at what all the bottlenecks are.”
