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View Full Version : Education still lacks funds



NewsWhore
05-05-2009, 06:20 PM
When the government announced that it would provide the Ministry of Education with just over four billion pesos in addition to the money already budgeted, to meet demands that came up during the National Summit discussions earlier this year, the educational community got all excited and celebrated. However, the money has still not arrived and therefore, nothing has been done. These resources would have been allocated to projects such as teacher training, school infrastructure, new furniture and literacy teaching.
If, as Melanio Paredes, the Minister of Education, has said, the government waits until June to disburse the money, then the solutions will also have to wait. According to Hoy newspaper, the Ministry still does not have the RD$4.09 billion that was promised in February. The minister reported that the government is applying for loans from the Inter- American Development Bank and the World Bank to fund these activities. Meanwhile, Paredes said that he and the Ministry have prepared the financial planning for spending the additional resources and that progress has been made in the execution of the RD$33 billion budget approved for the ministry for this year. When this year's budget was approved, several sectors complained that Education should have received 4% of the budget as set out in the General Law on Education.

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