Brits offer $1bn to aid schools in Pakistan |
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Wednesday, 06 April 2011 17:51 |
A new British aid package for Pakistan, announced by Prime Minister David Cameron in Islamabad, is worth $1,055 million over four years. The money will fund education for up to 4 million students, train 9,000 teachers, purchase 6 million new text books and build 8,000 schools by 2015, according to various media reports.
Originally published by Haq's Musings
"If Pakistan succeeds then we will have a good story ... if it fails we will have all the problems of migration and extremism, all the problems," he added.
With growth in the last decade, a number of countries like China, India and Pakistan have transitioned from low- to middle-income status under World Bank classifications. But China and India together still account for about half of the world's poor, and most of the illiterates, according to The Guardian. The focus of the OECD nations and the World Bank should be on helping all of the poor people regardless of whether they live in low-income or middle-income countries. Such help needs to be specifically targeted toward human development programs like education and healthcare.
Earlier this year, a Pakistani government commission on education found that public funding for education has been cut from 2.5% of GDP in 2005 to just 1.5% - less than the annual subsidy given to the PIA, the national airline that continues to sustain huge losses.
The report added that while rich parents send their children to private schools and later abroad to college or university, a third of all Pakistanis have spent less than two years at school. |
Last Updated on Wednesday, 06 April 2011 18:21 |