Fortifying Edn System

EU provides €46.12m to Bangladesh

Diplomatic Correspondent

25 June, 2021 12:00 AM printer

EU provides €46.12m to Bangladesh

The European Union (EU) has provided € 46.12 million, equivalent to Tk 423 crore, for the Government of Bangladesh to support key national reforms of the education sector. 

With this grant, the EU recognises and supports the government’s commitment to the development of human capital, the eradication of poverty and inequalities, along with its commitment to achieve the Sustainable Development Goals, said the Delegation of the European Union in Bangladesh on Thursday.

This is the second disbursement under the EU sector budget support ‘Human Capital Development Programme 2021’, which focuses on strengthening the education and skills sector of Bangladesh with specific focus on primary, as well as on technical and vocational education and training.

In line with the National Education Policy and National Skills Development Policy, the EU support aims to contribute Government of Bangladesh’s own reform agenda and institutional capacity towards a comprehensive education and skills development approach.

"Education is fundamental to the economic growth of a country and remains at the core of EU’s development cooperation. Reaping the maximum benefit of Bangladesh’s demographic dividend will largely depend on an inclusive and equitable quality Primary Education and Technical and Vocational Education system designed to cater for the future job market and employment generation,” said  EU Ambassador in Dhaka Rensje Teerink.

“The EU is concerned, however, about the continued school closure as a result of the Covid-19 pandemic. Once the pandemic situation allows it and when effective precautionary measures can be taken, the re-opening of schools must proceed as soon as possible, in particular because access to alternative distant schooling solutions remains a challenge for a large number of students, especially the marginalized ones,” she added.

The programme of support to education reforms intends to provide a total of €€217 million as budget support linked to jointly-agreed performance indicators. The programme addresses core elements of system strengthening and policy development. Technical assistance is also available to support the cluster of institutions responsible to coordinate and deliver education reforms.

The disbursement of this second payment comes after a positive decision of the Budget Support Steering Committee of the European Commission's Directorate-General for International Cooperation and Development in May 2021.