The Ministry of Finance has released 37 million Ghana cedis as Book and Research Allowance.

The amount will support academic research activities in tertiary institutions in the country.

Deputy Minister of Education Samuel Okudzeto Ablakwa disclosed this when he launched TEK TV, a television station for the Kwame Nkrumah University of Science and Technology.

The facility which has delayed for sometime sparked series of strikes in the public universities when government threatened to replace the allowance with the National Research Fund .

He noted that the Education Ministry is happy to have reached an agreement with the various teachers unions on the way forward for the National Research fund.

So far, the Tertiary Education Research bill has been laid before Parliament for consideration, Mr. Ablakwa explained to TV3’s Ashanti Regional correspondent William Evans-Nkum.

“We have all agreed to work concurrently on both issues: keep paying the Book and Research Allowances and keep working on National Research Fund…we have not abandoned the idea of a National Research Fund.”

He would however not tell when everything would be finalized because details of the fund are being discussed by the stakeholders

Source: 3news.com