LONDON: Saudi Arabia’s Crown Prince Mohammed bin Salman pledged on Thursday $3 million to support the strategic plan of the Global Partnership for Education (GPE) for the next five years.
The announcement was made during a global eductaion summit in London on Thursday.
“Saudi Arabia will always be a leader in providing support to everything that would achieve development, prosperity and peace for the people of the world,” said Education Minister Dr. Hamad Al Sheikh, speaking on behalf of the crown prince.
“The Kingdom has always attached great importance to education at local, regional and international levels. This is evidenced by the inclusion of education as a main issue on the agenda of the Kingdom’s G20 2020 presidency and the fact that education is a major component of the Kingdom’s Vision 2030.
He said the Kingdom has always ascribed great attention to education locally, regionally and internationally, which was evident by the inclusion of education as a core topic on the main agenda of Saudi G20 presidency last year, adding that it is also a core component of the Saudi Vision 2030.
“Moreover, Saudi Arabia is the biggest donor to regional financial organizations, such as the Islamic Development Bank (IsDB), the OPEC Fund for International Development and the Arab Bank for Economic Development in Africa,” which provide support to several countries around the world through financing projects and initiatives in different fields.
He called for international cooperation and joint action to help low income countries and combine efforts in supporting international initiatives and programs that would enhance the economics of education and support educational systems in the beneficiary countries, especially in light of the COVID-19 pandemic.
Al-Sheikh said GPE aims to improve access to equitable, inclusive education, bridge educational and digital gaps and address all forms of educational inequality, especially in low income countries, all of which are in line with the fourth UN Sustainable Development Goals for 2030 agenda.
As for other Gulf countries at the summit, the UAE pledged $100 million, Kuwait pledged $30 million and Dubai Cares donated $2.5 million, while IsDb $200 million in concessional loans.