GETFund gets approval for Educational Infrastructure Project completion plan 

Filed Photo - Ghana Education Trust Fund (GETfund)
Filed Photo - Ghana Education Trust Fund (GETfund)

The Administrator of the Ghana Education Trust Fund (GETFund), Dr. Richard Boadu, has stated that the Fund has received parliamentary approval to bring to  completion of all awarded projects prior 2017 (legacy projects) and projects post 2017 to date over the next 3 years.

Giving the background to this approval, Dr. Boadu stated that on 17th March 2022, the GETFund Administrator sought approval from the Fund’s Board of Trustees for a 3-year phased-out project completion plan, and that this was granted. This, he said, 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 23rd March 2022, GETFund presented its plan to the Education sub-committee of Parliament and that this was subsequently approved by Parliament in April 2022.

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According to the Administrator, the total number of  currently uncompleted projects awarded since 2017 amount to 1,044 across the education spectrum. This includes 544 at the basic level, 2 TVET centres, 9 projects in model schools, 487 second cycle projects and 2 at tertiary level.

On the funding sources Dr. Boadu indicated that this would be a mix of proceeds from bonds  and GETFund annual budgetary allocations. 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 an 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.

SOURCE: Coverghana.com.gh

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