ADB's Focus on Education
In the Spotlight
Mongolia is reforming its higher education sector, improving the quality and relevance of the courses on offer in its Universities, which is driving up graduate employment rate.
ADB is working with civil society organizations in Timor-Leste to offer vocational skills training to reduce unemployment and promote development.
In 2013, the Philippines reformed its basic education program, extending the pre-university education from 10 to 12 years, starting from Kindergarten to Senior High School – also called K to 12. The Asian Development Bank provided financial support to the K to 12 reform.
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.
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 $14 billion in loans and grants to the education sector for more than 50 years, ADB has a long track record in assisting its developing member countries (DMCs) achieve the goal of quality education for all.