ADB's Focus on Education
In the Spotlight
ADB is helping Tajikistan to improve its technical and vocational education system, making it more responsive to labor market needs.
ADB's Board of Directors has approved a $100 million loan as additional financing for Sri Lanka’s efforts to develop skills to meet labor demands, support economic diversification, and enhance productivity.
ADB and India signed a $80 million loan to help modernize TVET institutions and improve the skills ecosystem in Himachal Pradesh to boost employability of the state’s youth.
Asia’s developing countries need policies that help workers respond to the technological advances that are rapidly transforming industries and economies.
Most developing countries in Asia and the Pacific have earned high marks for a dramatic rise in primary education enrollment rates in the last three decades, but daunting challenges remain, threatening economic and social growth.
With over $8.2 billion in loans and grants to the education sector over the past forty years ADB has a long track record in assisting its developing member countries (DMCs) achieve the goal of quality education for all.