EU provides Tk 428 crore to Bangladesh for education development


DHAKA, May 19, 2020 (BSS) – The European Union (EU) today provided Taka 428
crore (46.125 million euro) to the Bangladesh government to support the
country’s key national reforms in the education sector.

With this grant, the EU recognizes and supports the Bangladesh government’s
commitment to the development of human capital, the eradication of poverty
and inequalities, along with its commitment to achieve the Sustainable
Development Goals (SDGs), a press release issued by EU Dhaka office said

“Education is fundamental for the economic growth of a country and remains
at the core of EU’s development cooperation,” said the release quoting EU
Ambassador to Bangladesh Rensje Teerink.

The envoy said the EU remains committed to support Bangladesh in their
efforts to strengthen its education system and realise its vision to become a
middle income country.

This is the first disbursement under the EU sector budget support ‘Human
Capital Development Programme 2021’, which focuses on strengthening the
education and skills sector of Bangladesh with specific focus on the primary,
technical vocational education and training.

In line with the National Education Policy and National Skills Development
Policy, the EU support aims to contribute Government of Bangladesh’s own
reform agenda and institutional capacity towards a comprehensive education
and skills development approach.

The disbursement of this first payment comes after a positive decision of
the Budget Support Steering Committee of the European Commission’s
Directorate-General for International Cooperation and Development in April