The Finance Minister, Dr. Cassiel Ato Forson, has delivered the 2025 budget on behalf of President John Dramani Mahama, marking the maiden budget of the new administration.
The theme for this budget is “Resetting the Economy for the Ghana We Want.”
One of the key issues addressed in the budget is the contentious topic of trainee allowances.
Since the start of the year, there has been significant debate over whether these allowances should be scrapped.
However, the reading of the budget has put these arguments to rest, as the allowances have been included in the 2025 budget.
According to the budget, the government has allocated GH¢203 million for the payment of Teacher Trainee allowances and another GH¢480 million for Nursing Trainee allowances.
This means that trainees can expect to receive their allowances.
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It should be noted that the Student Loan Trust Fund (SLTF) has already directed the various allowance coordinators in the colleges to present updated data of their students, including first-year students, to the fund.
Trainees are urged to cooperate with their allowance coordinators to ensure successful data collection.
No-Academic-Fee Policy
In addition to the trainee allowances, the government has allocated GH¢499.8 million for the No-Academic-Fee policy for all first-year students in ALL the public tertiary institutions under the ‘No-Fees-Stress’ initiative.
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However, It should be noted that this policy currently does not include level 100 trainees but applies to all level 100 students at the “traditional universities”.
