ADB's Focus on Education
In the Spotlight
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.
ADB and the Government of Nepal handed over the newly reconstructed Shree Kali Devi Primary School in Kavre District to the community. The April 2015 earthquake had destroyed five classrooms and other school facilities.
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.