
EDUCATIONAL SERVICES
Assisting countries to make better use of their investments in education is a key priority of our work on education finance.
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Why Education Matters?
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Developing countries are investing heavily in their education systems and providing their children and youth with unprecedented levels of access to education. But it’s still not enough. Achieving national education goals will require additional financial commitments over the coming years. No less important is ensuring that these resources are used effectively by reducing spending inefficiencies common in many education systems.
Funds may not be reaching schools, spending decisions may not be aligned with learning objectives, and government agencies may lack the capacity to use funds efficiently. Countries need to solve these problems if they are to provide the educational opportunities their populations demand in a financially feasible and sustainable way.
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OUR APPROACH
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Mobilizing additional resources for education and tackling the root causes of spending inefficiencies is not something that education systems can solve on their own.
Our approach is to bring together multi-sectoral expertise to engage with ministries of education and finance and other stakeholders to develop and implement effective and efficient public financial management systems -
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1. Build capacity to monitor and evaluate education spending.
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2. Identify financing bottlenecks, and develop interventions to strengthen financing systems.
3. Build the evidence base on global spending patterns and the magnitude and causes of spending inefficiencies.
4. Develop diagnostic tools as public goods to support country efforts.