Notwithstanding that all of us, including the government, acknowledge that only a purposeful and adequate investment in the education sector can usher in sustainable development for our country, current budgetary allocations fall far short of what is needed. Experts assert that the current state of education reflects years of inadequate investment, resulting in a deteriorating system that fails to meet the evolving needs of our society. While Bangladesh has made impressive strides in metrics like primary and graduate enrolment and examination pass rates, these are predominantly quantitative gains. However, concerns persist regarding the quality of education.
In a world increasingly reliant on knowledge and innovation, nations with the most skilled workforces are poised to excel. A contemporary education system is essential for nurturing such talent. To realise Bangladesh's potential, increased investment in education is imperative. It is crucial to recognise that education is not merely an expense but an investment in our nation's future. By allocating more resources to education, the government can lay the foundation for a more prosperous and equitable society. Adequate funding would enable the recruitment of qualified teachers, the provision of modern facilities and resources, and the implementation of innovative teaching methods to enhance learning outcomes.
Furthermore, increased investment in education can address pressing societal challenges such as poverty, inequality, and unemployment. Quality education equips individuals with the skills and knowledge needed to participate fully in the workforce, driving economic growth and social development. Moreover, investing in education is essential for fostering a culture of innovation and entrepreneurship. By nurturing creativity and critical thinking skills, educational institutions can empower students to become agents of change, driving innovation and contributing to national development.
In light of these considerations, we urge the government to prioritise the education sector in the national budget for the upcoming fiscal year 2024-25. A significant increase in budget allocation for education is necessary to address the longstanding challenges facing our education system and ensure that every citizen has access to quality education opportunities. We also call upon the private sector to play a more proactive role in supporting education initiatives, whether through public-private partnerships, corporate social responsibility programmes, or direct investments in educational institutions.