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Poverty to Prosperity

Budget Presentation

Gordon House March 19, 2015

13

were enrolled in tertiary institutions, 12,189 applications were made to the Student

Loans Bureau and approximately JA$3.2b was disbursed.

Mr. Speaker, the flow through effect of the improved performance at the primary and

secondary levels as a result of the programmes implemented, has led to a bottleneck in

tertiary education financing. As more students qualify for a tertiary place by virtue of

meeting matriculation requirements, the present model of financing tertiary education

becomes increasingly unsustainable.

Mr. Speaker, it is against this backdrop that I make the following statement. After 10

years and several billion dollars of implementation of the Education Transformation

programme, there must now be a full review and evaluation of the initiative. Several

new agencies have been created, the Ministry has been decentralized and operations

devolved, several new policy initiatives and programme have been implemented. We

must now assess where we are relative to goals previously set, identify and resolve

conflicts, inconsistencies and bottlenecks (such as tertiary financing), agree on new

goals and identify the critical pathways to achieve them.We must now launch the second

phase of education transformation.

1.

As in the first phase, bi-partisan political support is critical. This Parliament must

commit to new national targets in education, in terms resources, participation, and

output. Government and Opposition must agree to make education an area of

national priority and cooperation.