GNAT explains why interest rate on loans cannot be reduced


EducationGhana| January 13| GNAT Interest on Loans: The Fund managers of the Ghana National Association of Teachers (GNAT) Teachers Fund has indicated that the Teachers Fund Board cannot reduce the interest rate on loans at the moment.

Check This Out:JUST IN: Jonathan Dzunu elected TTAG National President


The union at its 6th Quadrennial National Delegates Conference held on the 2nd-7th January 2022 made this decision as part of conference resolutions held at the KNUST Great Hall, Kumasi.

Responding to questions regarding the interest on loans by the teachers’ fund managers, the Fund managers said the inflation rate is high at the moment and a further reduction in the interest rate will not ensure the sustenance of the Fund.

Check This Out: GNAT urges GES to grant study leave with pay to Teachers pursuing their Second Degrees in Education


World Teachers Day

The Union reiterated the fact that World Teachers Day is not a Holiday for teachers.

”GNAT has decentralized the celebration of World Teachers Day to ensure that teachers participate in the activities” The Union said.


District Secretariats

The resulting also indicated that GNAT Headquarters should as a matter of urgency, complete the creation of the remaining ten (10) District Secretariats approved by the National Delegates Conference in 2014.

Check This Out: Ada College of Education 2021/22 Admission List Out – Check HERE


Orientation of Leaders

The conference also added that orientation courses should be organized for newly-elected Executive members and School Representatives

In addition, the  GNAT was tasked to provide permanent secretariats and duty post accommodation for the Districts.

Check This Out: JUST IN: Coalition of Concerned Teachers sacks acting President King Ali Awudu

Prospective Students can also check out the Admission Deadlines for Tertiary Institutions in Ghana as well as their Entry Requirements before Applying.

They can also check the Institions’ cut off pointsandHow to Applyto the various Tertiary Institutions in Ghana as well as the Insitutions’ Fees Schedulesfor any particular Semester or Year.

GNAT explains why interest rate on loans cannot be reduced | 1




Get the  WAEC Marking Schemes HERE

Get theNaCCA/GES Standard-Based Lesson Plans HERE

Get the Ghana Education ServiceNew Standard–Based Scheme of Learning (SOL)HERE

Get the Ghana Education Service New Standard–Based Curriculum HERE

Get the WAECBECE, WASSCE, NTC Licensure Exam, and Teachers’ Promotion Exam Past Questions HERE

Download Teachers Guide on SBCand CCP Curriculums HERE

♥Copyright Notice: Content on This Website is Copyright Protected. No Part of this Content should be Reproduced without the Consent of the Author(s) or Recognition to the source of the Content.© 2020 Ellis Multimedia: All Rights Reserved.♥

Leave a Reply