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Belarus eager to borrow €65m from World Bank to modernize higher education system

Economy 18.10.2019 | 19:42

MINSK, 18 October (BelTA) – Belarus intends to sign an agreement with the World Bank to the tune of €65 million on modernizing the higher education system, the press service of the Belarusian Economy Ministry told BelTA after a Belarusian delegation led by Economy Minister Dmitry Krutoi met with World Bank Vice President for Europe and Central Asia Cyril Muller in Washington, USA.

Dmitry Krutoi and Cyril Muller discussed the development of new infrastructure projects for 2020. There are plans to sign a credit agreement to the tune of about €65 million in H1 2020 as part of the higher education system modernization project.

Investment projects on improving the energy effectiveness of the social sector, on modernizing state finance, on developing the transport potential, the healthcare system, and projects in other priority areas are also in the pipeline.

BelTA reported earlier that the higher education system modernization project is designed to improve conditions for teaching kids and young Belarusians, to modernize infrastructure in educational institutions, to make new advanced methods and innovative technologies part of the learning process.

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