Minister: ADB grants to the private sector and schools do not have a significant impact on the development of general education in Armenia

ArmInfo. Grant funds provided by the Asian Development Bank to the private sector and schools do not have a significant impact on the development of general education in  Armenia. On May 29, RA Minister of Education and Science Araik  Harutyunyan stated during the meeting with the ADB delegation headed  by the director of the Armenian office of the Bank Shane Rosenthal.

According to him, the problem should be considered in the  institutional context.

Thanking for the reception, Shane Rosenthal stressed that ADB  implements numerous programs of regional assistance in various  fields, which includes the education system.

During the meeting, Rosenthal presented the Bank's priorities for  assisting in the implementation of the repair program for Armenian  educational schools, the selection of schools and the current  situation. He informed that ADB consultants conducted research on the  question of retraining teachers in Armenia.  During the meeting, the  issue of reforming the country's educational system was also  discussed. Particular attention was paid to the school management  councils and the steps taken towards the development of private  schools.

To recall, in 2015, the Asian Development Bank adopted a new  five-year program of assistance to Armenia, one of the items of which  is to ensure the seismic safety of the republic's schools. Since  2005, the Bank's investments in Armenia have exceeded $ 750 million,  of which $ 133 million - to the private sector.

Armenia joined ADB in 2005 and is included in the group of countries  with mixed (preferential and usual) financing. ADB is working on  poverty reduction in the Asia-Pacific region through promoting  economic growth and regional integration.