World Bank loan to improve the quality of higher education of Bangladesh

World Bank Loan

World Bank Loan For Bangladesh Higher Education:

US $ 10 million loan to improve the quality of higher education at the college level, the World Bank said. On the occasion, an agreement has been signed. The Bangladesh government signed on behalf of the Economic Relations Division (ERD), Additional Secretary Kazi Shafiqul Azam and World Bank Acting Country Director for Zahid Hossain. NEC conference room in city's Sher-e-Bengali on Thursday signed an agreement at the ceremony. In the meantime, the University Grants Commission (UGC), a member of the Professor. Shahnawaz Ali, National University Vice-Chancellor Professor. Harun-ar-rasidasaha other senior officials were present.

Zahid Hussain at the college level for the first time, the World Bank is providing support. In this country, the World Bank has allocated a total amount of 19 percent of the education sector. World Bank assistance is ongoing at the level of primary and secondary education. At present, higher education, technical education, and support has been extended to all students.

Kazi Shafiqul Azam said the project dielaai (disbursement linked indicators) based. Ie if only to meet the target will be determined arthachara. This will help ensure the quality of the project. The total cost of the project, the World Bank give is one of 240 crore within Rs 800 crore. The rest of the money will be provided from the government exchequer.

According to the program, the World Bank's IDA financing for the project debt to be paid in 38 years with a grace period of 6 years. The loan amount raised at a rate of 75 percent on an annual zero percent and zero percent service charge at the rate of 50 per cent should be commitment fee. However, the current arthabacharasaha commitment fee to zero percent for a long time has been determined.

According to the occasion, the National University and the University Grants Commission, the Ministry of Education will implement the project. July period, 2016 projects have been set up in June 2021. In the College of Education sub-sector and sub-sector management Creating further development of the strategic plan, strengthening Honours and Masters courses in conducting the relevant government and non-government colleges to improve teaching-learning environment, ensuring effective monitoring of project implementation and financing of the college in the competitive Evaluation system to create, appoint ensuring zero College teacher recruitment, training and management will be developed at home and abroad.

The project is the 700 public colleges will help the teacher to fulfill the vacant posts. The project will help improve the teachers, and the National Training Agency and the establishment of training in cooperation with the University of Nottingham, about 8 thousand teachers and administrators will be trained and will ensure that the world's best teacher training.