What dedicated statutory fund was established in 2000 (Act 581) to finance educational infrastructure and academic facilities in Ghana?
Answer and explanation
Correct answer: B. The Ghana Education Trust Fund (GETFund)
- Step 1: GETFund receives a statutory percentage of Value Added Tax collections. Step 2. It constructs classrooms, lecture theatres, dormitories, and provides scholarships across all educational tiers. Answer: The Ghana Education Trust Fund (GETFund). Why not the others: DACF finances district assemblies; NYA Fund supports youth activities; Venture Capital Fund supports businesses.
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