What is the funding gap for education?

  • Even after an increase in domestic resources is taken into account, the annual financing gap over 2015-2030 for reaching universal pre-primary, primary and secondary education of good quality in low and lower middle income countries is $39 billion (i)
  • The Education 2030 Framework calls for government to commit at least 4% to 6% of GDP to education and/or at least 15% to 20% of public expenditure to education
    • 1 in 4 countries do not meet both these targets.  (i)
  • The 2015 Addis Ababa Action Agenda calls for DAC donors to allocate 0.7% of gross national income to aid
    • In 2015, only 6 out of 29 DAC donors met this target (i)

 

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