Wednesday, March 08, 2006

International Development: World Bank grants $100 million for education reforms in Bangladesh

The World Bank approved a credit of $100 million today to help the Government of Bangladesh address systemic governance issues in order to raise quality and cost-effectiveness of service delivery and improve equity of access to secondary education.

The Programmatic Education Sector Development Support Credit, is the second in a series of International Development Association credits which aim to sustain Bangladesh’s reforms of secondary education. It is designed to alter incentives for financing and provision of secondary education and build greater accountability in the sector.

Source: World Bank