WB provides US$300 million aid for secondary education

The World Bank has approved a loan of US$300 million for the expenditure on the secondary education sector of the country.

The government of Bangladesh can use the fund to compensate for the losses caused by the Covid pandemic, to ensure the availability of mixed methods of in-person and online teaching, to improve the quality of learning outcomes and to reduce the dropout rate, said a press release.

The World Bank's Board of Executive Directors granted the aid for Bangladesh on Friday, said the release sent from the headquarters of the World Bank.

Bangladesh will spend the grant in 2024 under the 'Learning Acceleration in Secondary Education' (LAISE) project.

/MHK/