December 23, 2024

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Finance Minister – Promise to deliver 20,000 scholarships will be achieved this year

The Guyana Government is on track to delivering its manifesto promise of awarding 20,000 scholarships to Guyanese within its first five years in office. However, it indicated that in 2023, that promise will be fulfilled, two years earlier.

Finance Minister, Dr Ashni Singh, during his presentation of Budget 2023, said another 8,555 scholarships will be awarded this year.

The minister said that to support this initiative, government has allocated $1.8 billion in the 2023 National Budget to facilitate the Guyana Online Academy of Learning (GOAL) Scholarship programme.

“By that measure alone sir, in 2023, we would have already delivered the target that we had set ourselves in 2025.”

It was disclosed that nearly 14,000 scholarships have already been awarded to date and together with the 8,555 scholarships this year, it will surpass the 20,000 targets.

This, the minister stressed is in keeping with the PPP/C Administration’s vision of providing nationwide access to tertiary education while increasing Guyana’s human capital to the levels needed to advance and sustain the economic transformation Guyana is undertaking.