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World Bank supports long-term education reforms in Azerbaijan.

Publication: M2 Presswire
Publication Date: 30-MAY-03 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-30 May 2003-WORLD BANK: World Bank supports long-term education reforms in Azerbaijan(C)1994-2003 M2 COMMUNICATIONS LTD

RDATE:05282003

Washington - The Board of Executive Directors of the World Bank yesterday approved a US$18 million equivalent Credit to Azerbaijan to help finance the Education Sector Development Project, which constitutes the first phase of the Education Reform Program. The proposed credit is the first of a series of credits with an Adaptable Program Credit (APC) not exceeding the aggregate amount of US$63 million over the next ten years.

At present, the education sector of Azerbaijan is facing many challenges, including rapid deterioration of the quality of education due to a shortage of financial resources and limited institutional capacity. In 1999, to address main issues in the sector, the Government launched the long term Education Reform Program with IDA's support. The new Education Project builds...

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