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Gulf Press > Gulf > Qatar > Discussion on Global Financing for Future Education at QEF
Qatar

Discussion on Global Financing for Future Education at QEF

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Last updated: 2024/05/17 at 2:47 PM
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The Qatar Economic Forum in Doha recently hosted a high-level dialogue focusing on the theme of ‘Education: Funding the Future’. Organized by the Education Above All (EAA) Foundation in partnership with Bloomberg, the event brought together policymakers, ministers from four governments, and global leaders from development and private banks in the education and financial sectors. The goal was to develop innovative and sustainable financing mechanisms for education across the world. Discussions centered around the need for increased investment in education, understanding the impacts of public debt on social sectors, and exploring innovative financing and partnerships to enhance policy implementation.

During the event, Minister of Treasury and Finance, H E Republic of Türkiye, highlighted the importance of prioritizing education in national budgets. The Chairman of the Islamic Development Bank (IsDB), H E Dr. Muhammad Sulaiman Al Jasser, discussed the bank’s significant investment in education by allocating large budgets to benefit member countries, as well as its partnership with the EAA Foundation. Fahad Al Sulaiti, CEO of EAA Foundation, emphasized the crucial role of sustainable financing models in ensuring long-term success in development and education. The panel also featured presentations from the Minister of Education for the Federal Republic of Nigeria, the Vice President of Lazard, and the Sierra Leone Minister of Basic and Senior Secondary Education on innovative solutions for financing education through developing financial and educational policies.

Panellists at the Qatar Economic Forum discussed pathways for global education investment and the impact of public debt on education. They stressed the importance of expanding knowledge in this area and exploring creative and efficient financing solutions, particularly in countries with high levels of debt. By fostering continuous dialogue between decision-makers and stakeholders at both national and global levels, policies can be formulated and initiatives implemented successfully to bring hope and opportunities to marginalized individuals. The event highlighted the need for diverse partnerships and innovative financing mechanisms to bridge gaps in education financing and ensure the long-term sustainability of education funding.

The dialogue at the Qatar Economic Forum also focused on the role of international partners in furthering global education investment strategies. Panellists emphasized the importance of collaboration and knowledge-sharing in encouraging efficient financing solutions for education. By working together on developing financial and educational policies, countries can ensure the continuity of education in the face of long-term challenges. The event provided a platform for policymakers and stakeholders to discuss and implement initiatives that will have a positive impact on the lives of boys and girls in marginalized communities, bringing about real opportunities for progress and development.

In conclusion, the high-level dialogue at the Qatar Economic Forum in Doha underscored the critical importance of sustainable financing models and innovative partnerships in securing the future of education funding. By investing in education, understanding the impact of public debt, and exploring creative financing solutions, countries can ensure the continuity of education and bring hope to marginalized communities. The event served as a platform for policymakers, ministers, and global leaders to collaborate on developing effective frameworks for education financing, with the ultimate goal of improving access to quality education and creating real opportunities for individuals in need.

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News Room May 17, 2024
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