Saying education is a core element in Guyana’s transformation, President Irfaan Ali on Monday told a United Nations (UN) forum that his administration would be increasing spending on the sector to 20% of the country’s national budget.
“As part of our efforts to revamp the education system, the government will increase education expenditure to 20 per cent of the national budget and six per cent of the country’s gross domestic product thereby ensuring adequate and sustainable financing for education,” Ali was quoted as saying at the Transforming Education Summit’s Leaders Roundtable, which forms part of the 77th United Nations General Assembly.
Ali also reiterated his government’s commitment to provide free tertiary education by 2025.
