. . .We are concerned about current government policy toward education and higher education which is reflected by the proportion of funds that the government allocates for education. GDP is a good indicator of this. From 2005 onwards, government spending on education has been fast decreasing. When the current President came into office, in 2005, the government’s expenditure on education was 2.9% of the GDP. Today, it has fallen to a miserable 1.9% of the GDP.
The cut in investment in higher education since 2005 is even more alarming. Of the paltry investment in education, the government spent only 0.52% of the GDP on the Universities. It declined to 0.27% of the GDP in 2010 and even lower in 2012. It is important for the government to increase spending on education and strengthen free education so that it flourishes.