GETFUND projects stall due to indebtedness
| Updated Aug 15, 2017 at 4:09pm
The Auditor General's report has revealed that two point five percent VAT proceeds meant for the Ghana Education Trust Fund, GETFUND, is not forthcoming.
Currently, government owes the Fund 94 million cedis.
The Financial Controller of GETFUND, Alexis Asuinura, said this when he appeared before the Public Accounts Committee of Parliament.
He said it is difficult getting the Ministry of Finance to release the funds.
Mr. Asuinura, added that this is affecting operations of the Fund and partly explains why there are so many uncompleted GETFUND projects.