At the High-Level Dialogue on Education event hosted by the Education Above All Foundation on the sidelines of the Qatar Economic Forum, H.E. Dr. Muhammad Al Jasser, President of the Islamic Development Bank (IsDB) Group, issued a resounding call for decisive action to address the education financing gap in developing nations.
Highlighting the staggering $39 billion annual shortfall needed to meet the Sustainable Development Goals for education, Dr. Al Jasser emphasized the IsDB Group's longstanding commitment to the sector, providing $5.8 billion in education loans and grants over the years. Additionally, the IsDB has empowered over 19,000 students and scholars through its scholarship programs.
In his remarks, the IsDB President underscored the need for a paradigm shift, moving away from traditional schooling models toward digital learning platforms that foster creativity and self-learning. He stressed the importance of collaboration among multilateral banks, governments, and the private sector to tackle this pressing challenge.
"It is imperative that we move beyond rhetoric and take decisive action," Dr. Al Jasser stated, urging stakeholders to prioritize education financing as a catalyst for sustainable development and equitable access to quality education worldwide.
