The Ghana Education Trust Fund (GETFund) has digitized its systems, enabling efficient monitoring, evaluation, and payment processes for its vast portfolio.
According to GETFund Administrator Dr. Richard Ampofo Boadu, these reforms are geared towards “ensuring transparency and effective outcomes,” allowing personnel to supervise projects remotely.
Since its inception in 2000, GETFund has overseen 11,248 projects, spanning essential basic education facilities, secondary school improvements, and tertiary infrastructure.
Now, this technology-driven approach means contractors and project outcomes are managed with heightened oversight, eliminating delays and fostering accountability.
Addressing a forum in Accra on Tuesday, October 22, 2024, Dr. Boadu revealed that the digitization has also benefited the Fund’s scholarship initiatives, with local scholarships rising dramatically from 1,680 awards in the 2019/2020 academic year to over 5,000 in 2023/2024.
Highlighting the impact on foreign scholarships, he said the reforms have addressed “the embarrassing situation of foreign scholars’ fees and stipends not being paid on time.”
The updated scholarship policy prioritizes STEM and female applicants, amplifying GETFund’s commitment to equitable education access.