Current Affairs PDF Sales

ADB & EAA Foundation Collaborated in $100 million Project to Provide Quality Primary Education for out of school children

AffairsCloud YouTube Channel - Click Here

ADB, EAA Foundation to work for quality primaryOn July 9, 2020, The Asian Development Bank (ADB) , a regional development bank, will help India and 9 other Asian nations to ensure quality education for the out-of-school and at-risk children in the primary level. 
In its preliminary effort, ADB has entered into a 5-year agreement with Qatar-based
Education Above All (EAA) Foundation to work jointly for project worth of $100 million to put at least 3.2 lakh out-of-school children, including refugees and internally displaced children into quality primary education.

Countries picked up for the project:

Initially,10 nations have been selected for projects namely- Afghanistan, Bangladesh, India, Indonesia, Myanmar, Nepal, Pakistan, Papua New Guinea, Philippines, and Sri Lanka.

Pact signed by:

The pact has been signed at an event organised by EAA, ADB, the State of Qatar, Qatar Fund for Development and the Islamic Solidarity Fund for Development, by Director General of ADB’s Strategy, Policy and Partnerships Department Tomoyuki Kimura and Foundation Chief Executive Officer Fahad al Sulaiti at a special side event to the United Nations High Level Political Forum 2020 that connects global experts to discuss the impact of coronavirus (COVID-19) on education and its mitigation measures.

About Asian Development Bank (ADB):
Headquarters– Mandaluyong, Philippines
President– Masatsugu Asakawa
Membership– 68 countries

About Education Above All (EAA) Foundation:
Location– Doha, Qatar
Chairperson– Sheikha Moza bint Nasser