Education in Lebanon - Education Finance

Education Finance

According to the World Bank database, public education expenditure as percentage of GDP is 2.7 in 2007 and public education expenditure as percent of government spending is 9.6 in 2007. Public schools are financed by the Ministry of Education and private schools are financed by students’ fees. The processes involved curricula draft and modification, and teacher training are mainly financed by nongovernment funds such as private companies or international bodies which include the World Bank and the UNDP.

Read more about this topic:  Education In Lebanon

Famous quotes containing the words education and/or finance:

    If factory-labor is not a means of education to the operative of to-day, it is because the employer does not do his duty. It is because he treats his work-people like machines, and forgets that they are struggling, hoping, despairing human beings.
    Harriet H. Robinson (1825–1911)

    A bank is a confidence trick. If you put up the right signs, the wizards of finance themselves will come in and ask you to take their money.
    Christina Stead (1902–1983)