The World Bank said Thursday that it will give Sri Lanka’s crisis ridden education sector a US$ 60 mn grant this year, padding up the state education spend.. The World Bank said Thursday that it will give Sri Lanka’s crisis ridden education sector a US$ 60 mn grant this year, padding up the state education spend..
The new funds will be a departure from a decade of traditional lending for Sri Lanka’s education sector, Country Director for the World Bank in Sri Lanka, Peter Harrold said.
The Bank has ploughed in US$ 250 mn over the past ten years, but most of that in specific projects like upgrading schools in select districts than for broader issues.
“This study also made us think of alternate ways to support Sri Lanka in the future. Historically donors come up with highly specific projects like a list of schools, universities or particular districts whose basic schools we used to try and upgrade,” Harrold said, at the launch of a report on the state of the education system.
“But frankly, it was a little disconnected from the mainstream issues the Ministry is struggling with. What we can do now is work with you to support you as a whole so that