World Bank approves US$13.3m for maths improvement, medical faculty

The World Bank today approved US$13.3m for improved teaching and learning of maths and the UG medical faculty. Poor maths scores have been a perennial problem for the country.

A statement from the World Bank follows:

More than 150,000 students and teachers will improve Mathematics learning and teaching, and benefit from an improved medical faculty as a result of a US$13.3 million credit from the International Development Association (IDA) approved today by the Board of Executive Directors of the World Bank.

Among concrete results to be achieved by the project are:

The project builds on a long engagement in education in Guyana, including two previous and three ongoing projects amounting to about US$ 62 Million. It is financed by IDA, the World Bank Group’s concessional financing window. It also builds on UNICEF-Bank collaboration to improve nursery education and will help Guyana meet health education standards of the Pan-American Health Organization (PAHO) in health education. The credit has a final maturity of 25 years, including a grace period of 5 years.