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:
“I think the most important education that we have is the education which now I am glad to say is being accepted as the proper one, and one which ought to be widely diffused, that industrial, vocational education which puts young men and women in a position from which they can by their own efforts work themselves to independence.”
—William Howard Taft (1857–1930)
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