{"id":26392,"date":"2025-02-09T00:41:28","date_gmt":"2025-02-09T00:41:28","guid":{"rendered":"https:\/\/ncnguyana.com\/2023\/?p=26392"},"modified":"2025-02-09T00:41:29","modified_gmt":"2025-02-09T00:41:29","slug":"175-billion-allocated-for-education-in-2025-budget","status":"publish","type":"post","link":"https:\/\/ncnguyana.com\/2023\/175-billion-allocated-for-education-in-2025-budget\/","title":{"rendered":"$175 Billion Allocated for Education in 2025 Budget"},"content":{"rendered":"
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January 17, 2025<\/em><\/p>\n\n\n\n

In a significant move to strengthen Guyana’s education sector, the government has allocated a total of $175 billion for the year 2025. <\/p>\n\n\n\n

This funding is set to support initiatives aimed at improving educational access, affordability, and quality across all levels, from primary education to tertiary and vocational training.<\/p>\n\n\n\n

A key element of the budget is the increased allocation for the Because We Care (BWC) cash grant<\/strong>, which will now be raised to $50,000 per child. <\/p>\n\n\n\n

This initiative will benefit more than 205,000 children enrolled in both public and private schools. In addition, parents will also receive a uniform voucher allowance of $5,000. <\/p>\n\n\n\n

With the combination of the cash grant and the uniform voucher, parents will receive a total of $55,000 per child, amounting to an estimated $11 billion in total transfers to families.<\/p>\n\n\n\n

The 2025 budget also focuses on tuition-free higher education<\/strong>. <\/p>\n\n\n\n

Beginning this year, students currently enrolled at the University of Guyana (UG)<\/strong>, as well as all future students, will no longer be required to pay tuition fees. <\/p>\n\n\n\n

The initiative, which is expected to cost around $13 billion annually, will benefit approximately 11,000 current students, in addition to new enrollees. <\/p>\n\n\n\n

This is part of the government’s broader commitment to delivering free tertiary education during its first term in office.<\/p>\n\n\n\n

In line with the push for accessible education, tuition-free education<\/strong> will also be extended to all government-run technical and vocational training institutions. <\/p>\n\n\n\n

As of January 2025, both current and prospective students at these institutions will benefit from this initiative, which is expected to serve over 3,000 students.<\/p>\n\n\n\n

The budget further allocates funding for the technical and vocational education and training (TVET)<\/strong> sector. <\/p>\n\n\n\n

Over the last four years, $9.5 billion has been spent on expanding and improving TVET programs, with $2.4 billion expended in 2024. <\/p>\n\n\n\n

For 2025, an additional $2.6 billion has been allocated to expand access to TVET education, which is intended to help students acquire practical skills for the workforce.<\/p>\n\n\n\n

The government is also continuing its commitment to developing digital skills through the One Guyana Digital Program<\/strong>, which trains citizens in high-demand information and communication technology (ICT) skills. <\/p>\n\n\n\n

In 2024, 361 students participated in the program, with 126 completing their studies by December. <\/p>\n\n\n\n

For 2025, $1.8 billion is set aside to support an additional 1,500 students, who will also receive mentorship and job-search support to help them secure jobs in nearshore ICT markets.<\/p>\n\n\n\n

These significant investments are expected to create a more accessible and equitable education system in Guyana, with a focus on improving educational outcomes, expanding access to skills training, and ensuring that students are well-equipped to contribute to the country’s growing economy.<\/p>\n","protected":false},"excerpt":{"rendered":"

January 17, 2025 In a significant move to strengthen Guyana’s education sector, the government has allocated a total of $175 billion for the year 2025. This funding is set to…<\/p>\n","protected":false},"author":4,"featured_media":25291,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[363,350],"tags":[],"class_list":["post-26392","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national-transformation","category-news"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/26392","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/comments?post=26392"}],"version-history":[{"count":1,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/26392\/revisions"}],"predecessor-version":[{"id":26393,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/26392\/revisions\/26393"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media\/25291"}],"wp:attachment":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media?parent=26392"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/categories?post=26392"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/tags?post=26392"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}