Monday, May 13, 2013

FUNDING EDUCATION

FUNDING EDUCATION A new Unesco report shows that 17 developing countries could pay for education for 86% of out-ofschool children or 42% of out-of-school adolescents if they managed revenues from natural resources better. Released in the week of World Economic Forum on Africa, the policy paper reveals that an extra US$5 billion in funding for education could be raised from these countries per year if 30% of income from minerals and 75% from oil and gas was converted into public revenue and 20% of this sum invested in education.

No comments:

Post a Comment