Beta Launch Wednesday, 21 November 2018
Global Dow 3.79
2,835.68 0.13%
27 August 08:59 PM
S&P 500 4.08
2,443.05 0.17%
25 August 05:03 PM
EGX 23.25
12,949.65 0.18%
27 August 12:00 AM
TDWL -20.48
7,225.18 -0.28%
27 August 12:00 AM
DFM -21.94
3,602.55 -0.61%
27 August 12:00 AM
ADX -13.82
4,479.99 -0.31%
27 August 12:00 AM

World Bank, Egypt sign $500 mn project to bring learning back to public schools

The Egyptian government and the World Bank signed an agreement on Saturday for the $500 million Supporting Egypt Education Reform Project, which aims to improve teaching and learning conditions in Egypt’s public education system. 

Egyptian Minister of International Cooperation and Investment Sahar Nasr signed the agreement with Dr. Asad Alam, the World Bank's Country Director for Egypt, Yemen and Djibouti, on the margins of the World Bank Group and International Monetary Fund Spring Meetings.

Egypt’s Minister of Education and Technical Education Tareq Shawqi and World Bank Vice President for the Middle East and North Africa, Dr. Hafez Ghanem attended the signing ceremony.

In support of Egypt’s education sector reforms, the five-year project aims to expand access to quality kindergarten for around 500,000 children, train 500,000 teachers and education officials, while providing 1.5 million students and teachers with digital learning resources. In addition, more than two million students will benefit from the new student assessment and examinations system.

Investing in people is key to inclusive economic growth. We welcome the World Bank’s support to the implementation of our ambitious home-grown education sector reform program. It is a strategic opportunity and the government is fully committed to developing the education system to build a productive generation that is well-equipped and ready for the competitive world," said Dr. Sahar Nasr, who also represents Egypt on the World Bank’s Board of Governors.

This reform effort aims to bring learning back to the classroom through: improving access to and the quality of early childhood education,  developing a reliable student assessment and examination system, enhancing capacity of teachers, education leaders and supervisors, and using modern technology for teaching and learning, assessing students, and collecting data, as well as expanding the use of digital learning resources. 

September 2018 marks the start of the journey to make our students ready for life, and we are pleased to have this partnership with the World Bank to accompany us on that journey. Our goal is to provide our students with the competencies they need to create a society that learns, thinks and innovates,” said Dr. Tarek Shawki. 

With this investment in education, with a renewed focus on the nature and quality of education, Egypt is making a commitment to its young people and the future of the country,” said Dr. Hafez Ghanem. “Fostering skills such as critical thinking, managerial skills and working collaboratively, will usher in a new economy, where learning, innovation, and technology are front and center.’’

The World Bank finances programs and projects to help Egypt reduce poverty and boost shared prosperity.  The focus of Bank support includes social safety nets, energy, transport, rural water and sanitation, irrigation, social housing, health care, job creation, and financing for micro and small enterprises.

The World Bank currently has a portfolio of 16 projects with a total commitment of $6.69 billion.

RECOMMENDED

COMMENTS

There are no comments yet

LEAVE A COMMENT

Share with

My Account

Forgot password?

Create An Account

Forgot password?

Restore password

Subscribe to read
Already subscribed? Click here

For a limited time!
12 Months = 15 Months
24 Months = 32 Months
(Included Postal Fees worldwide)

Read, Explore Opportunities
Be connected with Business, Investment, Finance, Stock Exchange, Currencies, Development and International Cooperation

3 Months

18 USD / 60 AED

English Edition

Subscribe

3 Months

18 USD / 60 AED

Arabic Edition

Subscribe

3 Months

29.9 USD / 99 AED

Both Editions

Subscribe

6 Months

36 USD / 120 AED

English Edition

Subscribe

6 Months

36 USD / 120 AED

Arabic Edition

Subscribe

6 Months

59.9 USD / 199 AED

Both Editions

Subscribe

12 Months

72 USD / 240 AED

English Edition
Good Deal! 
(15 Months instead of 12 Months)

Subscribe

12 Months

72 USD / 240 AED

Arabic Edition
Good Deal! 
(15 Months instead of 12 Months)

Subscribe

12 Months

122 USD / 408 AED

Both Editions
Good Deal! 
(15 Months instead of 12 Months)

Subscribe

24 Months

144 USD / 480 AED

English Edition
Amazing Deal!
(32 Months instead of 24 Months)

Subscribe

24 Months

144 USD / 480 AED

Arabic Edition
Amazing deal!
(32 Months instead of 24 Months)

Subscribe

24 Months

240 USD / 799 AED

Both Editions
Amazing deal!
(32 Months instead of 24 Months)

Subscribe
* Terms and conditions apply.