The European Union (EU) has provided Bangladesh with EUR 42 million or Tk 4.23 billion (423 crore) to support key national reforms in the education sector, reports UNB.
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 achieving the Sustainable Development Goals, said the EU Embassy in Dhaka 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 technical and vocational education and training.
In line with the National Education Policy and National Skills Development Policy, the EU support aims to contribute to Bangladesh government's own reform agenda and institutional capacity towards a comprehensive education and skills development approach.
"Education is fundamental for the economic growth of a country and remains at the core of the 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 to the future job market and employment generation," said EU Ambassador Rensje Teerink.
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