ISLAMABAD: According to the United Nations standards a nation should spend 4% of its GDP or 20-25% of its total budget on education, said Minister of State for Education Engr Mohammad Baligh Ur Rehman here on Wednesday.
He said this while speaking at a seminar on “Education for all” in relation to the World Literacy Day here at PIPS (Pakistan Institute for Parliamentary Services) arranged by the member parliament Asiya Nasir.
The minister lamented that we missed the MDGs (Millennium Development Goal) but now we should not overlook SDGs (Sustainable Development Goals), for which we have formulated a committee in order to get it implemented within the given timeline.
He said we know that our allocated budget to education i.e. 2% is already very low but in comparison with tax to GDP ratio it is the best we can allocate at the moment, our tax to GDP ratio has been improved from 8.55 to 9.1% and we are also working to increase our education budget in coming years.
He said according to United Nations standards a nation should spend 4% of its GDP or 20-25% of its total budget on education whichever is less.
He said Punjab, Khyber Pakhtunkhwa, and Balochistan are already spending 28%, 27% and 26% respectively of their total budget on education, although we still need to improve this condition according to the education emergency in the country.
He said the government has increased the budget of Higher Education from Rs. 40 billion to Rs. 70 billion in two years.
Talking about the literacy rate, the minister said that literacy rate has gone up from 58% to 60% according to the figures of AEPAM (Academy of Education Planning and Management).
At the end, the minister said that the Curriculum Wing building has been handed over to the ministry of education and professional training with the direction of Prime Minister as he has showed keen interest in the National Curriculum Council. The seminar was attended by the members of parliament and directors and officials of PIPS.