A budget of over £13000 has been agreed for the year 2015-2016. This is a significant increase on previous years due to NTF taking over the full funding of Penyem Village Nursery School. The budget includes a significant pay rise for the teachers. Some have had their salaries almost doubled. This is an important initiative as it will encourage staff loyalty and allow the Headteacher to retain staff. The teachers are now well paid. In addition, they will receive an annual performance related bonus. The teachers are clearly delighted!
We are currently exploring ways of sending the money to our Gambian bank account. There has been a large reduction in the exchange rate.