World Bank approves a $200 million project to modernize higher education in Ukraine

Ukrainian News
Canan Kevser
11 May 2021, 12:58
Canan Kevser
11 May 2021, 12:58

The World Bank’s Board of Executive Directors approved a $200 million project to support the efforts of the Ukrainian Government to strengthen efficiency, quality, and transparency of the country’s higher education system.

According to the World Bank, the project called "Ukraine Improving Higher Education for Results" will improve the quality of the higher education sector, as well as its relevance to labor market needs. It will also promote resilience and continuity of learning in the face of the COVID-19 pandemic.

The project, which is to be implemented by Ukraine's Ministry of Education over the next five years, aims to tackle Ukraine’s lack of funding in education, encourage universities to merge and create an efficient higher education to keep students in the country.

In particular, it will finance investments in the modernization of teaching and research facilities and digital learning infrastructure of higher education institutions (HEIs) to ensure learning continuity through remote learning modalities and to support resilience and change management over the longer term. It will also support the development of modern digital infrastructure for distance learning and creation of advanced teaching and research laboratories and learning support facilities.

Another objective of the project is to improve transparency of Ukraine’s education sector through modernization of the Higher Education Management Information System and establishment of a National Student Survey and unified information system on competitive research funding of HEIs.

The World Bank’s current investment project portfolio in Ukraine amounts to just over $3 billion, in nine ongoing investment projects and one Program for Results operation, and is expected to grow to around $3.6 billion over the next two months.

Since Ukraine joined the World Bank in 1992, the Bank’s commitments to the country have totaled approximately $13 billion in about 70 projects and programs.