Connect with us

Politics

GETFund has recently encountered significant financial setbacks – Mahama

Published

on

GETFund has recently encountered significant financial setbacks - Mahama

Former President John Dramani Mahama has stated that the Ghana Education Trust (GET) Fund has recently faced major financial difficulties.

He stated that in the future, stakeholders would collaborate to make the GETFund operate for students and institutions in private and public schools that require financial support.

In a speech held over the weekend at Academic City University College, the flagbearer of the National Democratic Congress (NDC) stated these victories.

“Globally, economists and governance experts have long recognised that development does not begin with goods; it begins with human capital development,” he told the graduating students. As a result, without education, particularly excellent education, our natural resources – land, sea, minerals, forests, and so on – would remain dormant and unexploited. Even if used, the environmental and socioeconomic consequences will be disastrous for our country’s growth.

“For education to achieve its purpose of churning out resourceful and skilled human resources who meet the needs of societies, it must be of optimal quality. A focus on expanding access to education without attendant improvement in quality renders education insufficient in churning out the well-equipped human resource society needs.

“And because education is also a leveller, poor quality education tends to widen the gap between our country’s rich and poor.”

He added “To secure quality education at all levels and address inequalities, the Social Democratic tradition of my party, the NDC, has prioritised investment in education over the years. This quality-indexed spirit motivated the NDC to establish the Ghana Education Trust Fund (GETFund) as a financial supplement to the traditional sources of financing education.

“Regrettably, GETFund has suffered severe financial setbacks in recent times. In the future, we can work together to make the GETFund work for students and institutions needing financial assistance in private and public schools.

“Let’s also remember that the 21st Century thrives on the digital revolution in which innovation and originality propel progress. To succeed in this era, our educational system must evolve to equip the next generation with critical thinking skills, creativity, and innovation to solve problems.

“This is why the National Democratic Congress, in our quest to build the Ghana we want, is seeking to partner with the private sector to invest three billion dollars (US$3 billion) in an integrated ICT infrastructure, including onshore and offshore fibre super-highway and electronic applications.

“The investment will leverage 5G technology to propel communication, commerce, civil liberties, and individual expressions; while supporting other national priorities in health, education, agriculture, petroleum, and the power sectors.

“This initiative will also make governance effective, transparent, and accessible, improve the quality-of-service delivery to Ghanaians, modernise industry and outdated legacy platforms and IT systems, improve network security and create thousands of decent and sustainable jobs in the value chain.”

Politics

‘The 24-hour economy is the solution to Ghana’s economic difficulties – Mahama

Published

on

By

445203457 1005644447583954 6596740987401122827 n

John Dramani Mahama, the flagbearer of the National Democratic Congress (NDC), has declared that his planned 24-hour economy proposal is the solution to Ghana’s financial and economic problems.

In a unique live broadcast titled ‘Mahama Conversations,’ the former president stated that the planned 24-hour economic project is the solution to Ghana’s current and future concerns.

Mr. Mahama stated that the effort will provide an enabling and supportive environment for enterprises, companies, and government agencies to create more jobs and hire more people.

He detailed the benefits of the 24-hour economy project, which he claims would raise and increase the standard of life for many more Ghanaians.

“The 24-hour initiative is the answer for now and in the future. It will create an enabling environment with deliberate policies for businesses, companies, and government institutions to operate 24/7 in a three-eight-hour shift system.

“In addition to the traditional 8-hour shift system, the two additional work shifts that my administration will introduce will double and sometimes triple the number of jobs that participate in public and private entities that we currently have.

“This is the 24-hour economy optimization strategy: giving more to society, providing efficient service delivery, and generating decent and well-paying jobs. The benefits of this system will include but not limited to; 24-hour port and harbour services, 24-hour customs services, 24-hour DVLA services, 24-hour agro-processing factories, 24-hour manufacturing industries, 24-hour construction companies and many more.”

Continue Reading

Politics

Mahama: My administration will retrieve riches taken via corrupt methods

Published

on

By

Making reference to former Sanitation Minister Cecilia Dapaah's controversial stashing of over $1 million in her Abelemkpe residence, which was stolen by her domestic staff, Mr. Mahama pledged in a live broadcast titled 'Mahama Conversations,' that he will foster collaborations in his quest to recover every Cedi that was illegally taken from taxpayers. "Despite all of these socioeconomic challenges, the young people continue to witness the affluence of the [New Patriotic Party] administration's leaders and their families chartering private aircraft for $20,000 per hour for journeys that our own Falcon Executive Jet could have completed.

John Dramani Mahama, the National Democratic Congress (NDC) flagbearer, has pledged that if elected president in the upcoming December 7 general elections, his administration will work with relevant authorities and partners to recover funds and properties obtained through corruption.

Former President Mahama lamented the mounting incidences of corruption and apparent contempt for fiscal discipline by the Akufo-Addo administration, promising to do his utmost to guarantee that any funds wrongfully gained are recovered if he wins the forthcoming elections.

Referring to former Sanitation Minister Cecilia Dapaah’s controversial stashing of over $1 million in her Abelemkpe residence, which was stolen by her domestic staff, Mr Mahama pledged in a live broadcast titled ‘Mahama Conversations,’ that he will foster collaborations in his quest to recover every Cedi that was illegally taken from taxpayers.

“Despite all of these socioeconomic challenges, the young people continue to witness the affluence of the [New Patriotic Party] administration’s leaders and their families chartering private aircraft for $20,000 per hour for journeys that our own Falcon Executive Jet could have completed.

“And as the Minister for Defence explained, it [the Falcon Executive Jet] had no shower for a presidential bath. Ghana’s youth have further experienced how a minister could stash millions of dollars in her home and only God knows the full extent of Ghanaian taxpayers’ money that has been stashed away by many others.

“But I say to the good people of Ghana that, working with Ghanaians and international anti-corruption partners, we shall do all that is humanly possible to retrieve such wrongly acquired wealth.”

Continue Reading

Politics

Mahama promises 20% salary incentive for rural teachers if voted

Published

on

By

This adds to Mr Mahama's various plans and pledges made to Ghanaians ahead of the December 7 election.

John Mahama, the flagbearer of the National Democratic Congress (NDC), has vowed that if elected President, teachers who agree to serve in a rural school will receive a 20% wage increase.

The former President believes the idea would motivate more teachers to accept posts in rural regions.

448073801 18359075539101399 5499110774658332465 n

Mr Mahama revealed this in a Facebook post.

This adds to Mr Mahama’s various plans and pledges made to Ghanaians ahead of the December 7 election.

Continue Reading

Trending