Accelerating Progress toward the Education MDGs

In September 2012, World Bank President Jim Yong Kim reaffirmed the World Bank's 2010 MDG Summit pledge to commit an additional $750 million in financing for basic education over five years (2011-2015) from the International Development Association (IDA) to help the poorest countries accelerate progress toward the 2015 Millennium Development Goals (MDGs) for Education.
The total amount of new IDA commitments for basic education in FY12, $1.5 billion, exceeds past levels, and brings us more than halfway toward fulfilling our pledge. Based on current projections for FY13, we expect to make continued progress toward the pledge. We are closely monitoring this progress and will be providing quarterly updates on this site.
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