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KATHMANDU, June 1: The government and the World Bank (WB) on Wednesday signed a financing agreement for $120 million concessional loan from the International Development Association and a grant agreement for $19.7 million from the Global Partnership for Education for the operation of the School Sector Transformation Program (SSTP).

Government of Nepal and the World Bank Sign $120 Million Concessional Loan Financing Agreement and $19.7 Million Grant Agreement to Strengthen Nepal’s School Sector

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News and Press Release in English on Nepal about Education; published on 31 May 2023 by World Bank

WASHINGTON – The World Bank’s Board of Executive Directors today approved $120 million in financing to support the implementation of the Government of Nepal’s flagship School Education Sector Program.The School Sector Transformation Program operation

The World Bank has approved $120 million loan to support the implementation of the Nepal governments school education sector programme

The operation focuses on improving foundational skills by implementing the national integrated curriculum in early grades.

World Bank Approves $120 Million To Support Nepal’s Education Sector

News and Press Release in English on Nepal about Education and Epidemic; published on 24 Mar 2023 by World Bank