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World Bank provides $10 million loan to Moldova for education reform

The World Bank’s Board of Executive Directors approved a 10 million USD loan for Moldova’s education system reform.

The loan with a maturity of 30 years is aimed at improving learning conditions in targeted schools and strengthen Moldova’s education monitoring systems while promoting efficiency reforms.

“One of our biggest concerns is the mismatch between labor market demand and the current training offered by Moldova’s educational system,” said Anna Akhalkatsi, World Bank Country Manager for Moldova.

According to a WB press-release, a considerable number of Moldovan students, teachers, and school managers will benefit from expanded training activities, the further provision of science laboratories and ICT equipment, as well as training for teaching support staff to promote inclusive education for students with special needs and/or disabilities.

Moldova Education Reform Project of the World Bank is worth 40 million USD started in 2013 and end in June 2019.

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