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Public Expenditure on Education Hits Ghs40.4 Billion

President Nana Addo Dankwa Akufo-Addo says value is being added to the intellect of every Ghanaian child through his government’s signature free senior high school (SHS) policy.

“Through the implementation of the Free Senior High School policy, we are ensuring that value is being added to the intellect of every Ghanaian child.

This is our surest way of succeeding in adding value to the Ghanaian economy, thereby helping to create acceptable, well-paying jobs for the young people of our country.”

He spoke passionately about his government’s commitment to ensuring that every child is not denied access to education, and that, there is also quality, at a conference held by the Ghana National Association of Teachers (GNAT) in Kumasi.

“So great has this government’s commitment to education been that public expenditure on education has almost doubled from twenty billion, seven hundred million cedis (GH¢20.7 billion) between 2013 and 2016, that is in the Mahama era, to forty billion, four hundred million cedis (GH¢40.4 billion) between 2017 and 2020, that is in the Akufo-Addo era, representing an increase of some ninety-five percent (95%).”

Yes, more money is being pumped into education but Otumfuo Osei Tutu II, the Asantehene, says the country’s education system is not fit-for-purpose and has only been churning out, what he terms as lettered illiterates.

The Asante King finds it quite troubling that the nation had over the years pumped huge resources just to produce in large numbers ‘lettered illiterate’ graduates.

Meanwhile, others elsewhere are focused on producing scientists and mathematicians to control the global economy.

“Our educational system has turned us into a vast, expanding marketplace of consumers of other people’s creations.

While the economies of Asia are expanding and generating billions for their creations and inventions, we are putting increasing pressure on ourselves to find the resources to consume what others have created.”

President Nana Akufo-Addo said his vision of a modern, competitive, Ghanaian economy, spearheaded by indigenous entrepreneurs, with productive employment for the great majority of its citizens, required skilled economic actors, and to get there, the nation needed an educated workforce.

Content created and supplied by: KyeretwienanaOseiBonsu (via Opera
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Ghana National Association of Teachers
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Nana Addo Dankwa Akufo-Addo

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