Sri Lanka signs $100 million World Bank loan for education

Sri Lanka has signed the agreement for a $100 million USD loan from the World Bank for a project to modernise its education system.

The focus of the General Education Modernization (GEM) project will be on children from schools located in disadvantaged regions, the World Bank said.

Dr. Idah Pswarayi-Riddihough, World Bank Country Director for Sri Lanka and the Maldives said that although Sri Lanka has made progress in expanding access to education, overall learning outcomes needed to improve.

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