Pakistan allocates only 2.3 percent of budget for education

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Pakistan has allocated only 2.3 per cent of the budget for education which is 0.3 per cent less than in 1999. Nine per cent of government spending is on education, placing Pakistan 113th amongst 120 countries on the education development index.
Ismail Bawany – Trustee of Aisha Bawany Academy quoted said: “According to a global monitoring society, Pakistan spends seven folds more on its military than on primary education and has the second highest number of out-of-school children in the world. Education could eliminate the consequences of the economic crisis, reducing the long-term impact of the crisis on growth and help achieve a more robust long-term growth.”
On the other hand, countries like India spends 4.1 percent of GDP, Bangladesh and Srilanka spend even more on education. According to one recent report Pakistan lags behind Nepal when it comes to female education.
If reforms are not made to correct the education system, Pakistan can face a very serious situation in the coming years. Bangladesh attained independence after Pakistan but still it is doing great in education sector. As its literacy rate has gone up, the overall situation of the country has improved as well”, he further added.

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