World Bank approves funds for higher education reform

The World Bank on 19 February approved a US$65 million credit for the Nepal Higher Education Reforms Project to help address the human resource needs of the country and add to the national knowledge base, reports the Financial.

The project intends to support reforms in selected institutions for improving quality, relevance, and efficiency of higher education; and to assist under-privileged students for equitable access, according to World Bank.

The project will focus on implementation of reforms in different areas including more effective public funding of higher education institutions, institutionalisation of the national accreditation system, greater institutional autonomy, strengthening of the examination system, expansion of new academic programmes and research and financial support for under-privileged students.
Full report on the Financial site