Statement Regarding World Bank Support to Nepal#s Education Sector

Stocks and Financial Services Press Releases Wednesday June 20, 2018 09:02
KATHMANDU--20 Jun--World Bank

KATHMANDU, June 19, 2017 – The World Bank's attention has been drawn to recent commentary in the media regarding the National Curriculum Framework prepared by the Ministry of Education, Science and Technology.

"We wish to clarify the World Bank's support to Nepal's education sector," said Faris Hadad-Zervos, World Bank Country Manager for Nepal. "The World Bank and a group of development partners finance a part of the Government of Nepal's expenditures in implementing its School Sector Development Plan through a Sector Wide Approach (SWAP). Specifically, World Bank funding is linked to progress in agreed results in the Grades 9-10 curricula, and not Grades 11-12, as mentioned in recent reports."

"Our support seeks greater access to and achievements in language, science and mathematics. This corresponds with the World Bank's global advocacy for Science, Technology, Engineering and Mathematics (STEM) as indispensable academic disciplines," Hadad-Zervos added.

The program was informed by wide consultations with Nepali experts and stakeholders and is publicly accessible here (pages 63-65).

Latest Press Release

Fitch Downgrades CGS-CIMB TH to #A(tha)/F1(tha)#; Off Outlook Stable

Fitch Ratings (Thailand) has downgraded CGS-CIMB Securities (Thailand) Co., Ltd.'s (CGS-CIMB TH) National Long-Term Rating to 'A(tha)' from 'AA-(tha)' and National Short-Term Rating to 'F1(tha)' from 'F1+(tha)'. All ratings have been removed from Rating...

Commons Foundation Signs Contract for Blockchain Business Backed by the Paraguay Government

Combining Paraguay's low-cost and abundant electricity with the Commons Foundation's expertise in blockchain technology, the world's largest cryptocurrency mining center and global exchange is to be established. - The "Golden Goose" project will...

mai welcomes real estate developer CMC on November 19

Market for Alternative Investment (mai) will list Chaoprayamahanakorn pcl, a leading real estate developer onNovember 19, under the ticker symbol "CMC". The company has a market capitalization at its initial public offering (IPO) of THB 3.00 billion...

KTC - Chilito Mexican Grill - Farm Factory provide members special privileges for payments made using QR Pay in the KTC Mobile app.

Mrs. Pranaya Nithananon, Vice President - Credit Card Business, "KTC" or Krungthai Card Public Company Limited, provides KTC VISA and KTC MasterCard credit card members who make payments through KTC QR Pay in the "KTC Mobile" app worth Bt. 300 or more...

Photo Release: KBank opens new flagship branch and THE WISDOM Lounge at ICONSIAM

Mr. Wirawat Panthawangkul (3rd from left), KBank Senior Executive Vice President, and Ms. Chadatip Chutrakul (4th from left), Director of ICONSIAM Co., Ltd., and Chief Executive Officer of Siam Piwat Co., Ltd., participated in the opening ceremony of...

Related Topics