Scholarship spending should be reduced: IMF

Date:

By Mike Puia

LEADER of a team from the International Monetary Fund (IMF) that has been conducting consultation in the country over the past week says the government needs to re-look at the number of scholarships it issues yearly.

Deputy Division Chief of IMF’s Surveillance Policy Division, Ms Alison Stuart, made this comment yesterday.

Stuart said the size of spending on scholarships is an issue.

She revealed the fact that it accounts for two-thirds of the education budget for 2017; this spending scale is huge compared to other countries when talking about students the government sends abroad for study.

Stuart said some good criteria need to be in place so that few selected students sent abroad achieve high completion.

She said there is a need for greater focus on primary and secondary education, as it appears primary and secondary have been given less priority.

Stuart said beside the Constituency Development Fund and the National Shipping Grant, scholarship remains high while the development budget has seen a sharp cut.

She added there is a need to re-direct spending in the 2019 budget to priority areas in line with the country’s National Development Strategy with the aim to cut spending on CDF, shipping grant and scholarship.

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

‘VALUABLE EXPOSURE’

SICF President’s Manila invitation signals growing recognition for Solomon...

Ngafu returns home as Ohasio adds steel to Malaita Kingz defence ahead of new Telekom S-League season

BY RICHARD MENANOPO Malaita Kingz Football Club has boosted its...

Komasi and Jack Junior expected to strengthen Fiji club ahead of 2026 BiC Fiji FACT

BY RICHARD MENANOPO Two Solomon Islands footballers are reportedly set...

SICF to honour founding PM with national chess championship during Independence celebrations

BY RICHARD MENANOPO The Solomon Islands Chess Federation (SICF) has...