World Bank approves USD 500 mn loan to fund Egypt K-12 education reforms

The World Bank has approved a USD 500 mn loan to support Egypt’s national strategy to develop K-12 education, Investment Minister Sahar Nasr announced in a statement. Funding deployed under the five-year Supporting Egypt Education Reform Project includes earmarks for improving early childhood education (USD 100 mn), training teachers and ‘education leaders’ (USD 100 mn), comprehensive assessment reform (USD 120 mn), enhancing education service delivery through connected systems (USD 160 mn), and other areas including project management, communication, and monitoring and evaluation (USD 20 mn), according to the World Bank (pdf). Implementation of the project will begin in the upcoming academic year starting September 2018.