US$50 million loan for pre-university education
The World Bank approved US$50 million in financing yesterday, Wednesday, 30 September 2015 to support government initiatives aimed at improving the quality of pre-university education through a National Pact for Education. The project will recruit and train primary and secondary school teachers, assess student learning in primary and secondary schools, evaluate early childhood development services and help decentralize public school management.
According to the latest regional student assessment, on average 78% of third grade Dominican students did not achieve a basic level of competence in reading, and 90% of students performed below the basic math level. From 1989 to 2009, the Dominican Republic was the Latin American country that invested the least in public education.
To help improve student learning in pre-university education, the Support to the National Education Pact project will:
* Improve the quality of classroom instruction of primary and secondary teachers
* Improve the student assessment system to track progress and support teacher training programs
* Increase school readiness by improving the standards of Early Childhood Development Centers
* Enhance the decentralization of public school management and promote community involvement in the education sector
The project will be implemented by the Ministry of Education (MINERD) and financed under a US$50 million Investment Project Financing over five years, with a 24.5 year maturity period and an 11-year grace period.
Source: DR1, Worldbank
Oct 1, 2015
Category: DR News |