World Bank Pledges €90 mln to Education in Georgia

The World Bank has pledged to give €90 million towards education in Georgia in a new deal signed yesterday.

Titled ‘Innovations, Inclusive Education and Quality’, the new project hopes to improve teaching quality in Georgian schools and the quality of early childhood education and care, strengthen higher education financing, promote the internationalization of higher education, strengthen stakeholder communication and support in project management, monitoring and evaluation.

The project comes after the Georgian government committed to spend a quarter of its budget on education.

“Georgia is committed to investing in its people,’ said Mercy Tembon, World Bank Regional Director for the South Caucasus. “This project aims to support Georgia in accelerating investments in human capital to boost innovation, entrepreneurship and productivity in an increasingly competitive global economy.”

Gender equality and inclusion of vulnerable students such as children living in rural and mountainous areas will be included in the project.

Speaking at a press conference yesterday, Education Minister Mikheil Batiashvili said that the World Bank is a significant partner of the Ministry of Education in Georgia.

“Every single aspect of the project will be carried out in cooperation with them [the World Bank].

The project will run from May 29, 2019 to March 31, 2026.

By Amy Jones

Photo source - World Bank Group