Using some of the funds that would be available thanks to slashing 8,500 + TAs over the next biennium, local school districts would be able to hire additional classroom teachers to eventually get early classroom student to
teacher ratios down to 15:1.
«The question that we should ask is how can you inherit a budget deficit of 9.3 % of GDP, proceed to reduce taxes, bring
down inflation, bring
down interest rates, increase economic growth (from 3.6 % to 7.9 %), increase your international reserves, maintain relative exchange rate stability, reduce the debt to GDP
ratio and the rate of debt accumulation, pay almost half of arrears inherited, stay current on obligations to statutory funds, restore
teacher and nursing training allowances, double the capitation grant, implement free senior high school education and yet still be able to reduce the fiscal deficit from 9.3 % to an estimated 5.6 % of GDP?