Egypt raises education spending by 10 percent, eyes public-private partnerships: Minister

Published April 26th, 2017 - 09:15 GMT
Egypt announced a new strategy in the way the country invests in education, with new sources of funding that would allow partnerships with the private sector. (AFP photo)
Egypt announced a new strategy in the way the country invests in education, with new sources of funding that would allow partnerships with the private sector. (AFP photo)

The Egyptian minister of planning Hala El-Said said that public investment in education has been increased by 10 percent in the budget for upcoming fiscal year 2017/2018.

Hala El-Said said in a statement that the Egyptian government is interested in raising the Egyptian education system’s competitiveness due to its positive effects on achieving sustainable economic growth.

Read more: Egypt's Inflation Surge Begins To Slow

The minister stressed that a new strategy to invest in education has been adopted, with new sources of funding created on both the national and local levels, with a mechanism to allow partnerships with the private sectors.

El-Said told the press that Egypt plans to expand in establishing Egyptian-foreign universities, as well as electronic and online universities.

 


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