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Financing Education: School Finance in Nepal
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1
FINANCING EDUCATION: SCHOOL FINANCE IN NEPAL
Presenter
Shree Prasad Devkota
In partial fulfillment of the requirements for the Course Economics of Education EDUC 544
Second Semester
12/25/2013
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Introduction
Education financing is the investment or expenditure plan
Acquiring or providing education by the user or government or community
Process of allocating the tax revenue and other resources to education in different types and levels of education, Levin(1987)
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Three main criteria by which systems of financing school education
UNESCO(2008) 12/25/2013
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Overview of School Financing in Nepal
Improving efficiency
and institutional capacity
Enhancing quality and relevance of
education
Ensuring access and equity in
primary/basic
education
The above mentioned objectives are based on the human rights approach to education, which is set in the Education for All National Plan of Action (EFANPA) Nepal (2001-2015).
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Budget Allocation in Education
Fiscal year Total budget (In Rs. 000)
Budget in
education
(In Rs. 000)
% of Budget
in education
2062/63 126885100 21250447 16.74
2063/64 143912300 23005525 15.98
2064/65 168995600 28390000 16.79
2065/66 238000000 40980000 17.34
2066/67 285000000 46,211,487 16.27
2067/68306270386 54,918,843 17.9
2068/69384900000 63,918,839 17.11
(Source: MoE, 2011)
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Conclusion
The GoN has been spending huge amount for the development of education of Nepal
The achievement does not seem to be satisfactory How to best utilize the available resources and how
to ensure transparency and fiscal discipline,Thapa(2011).
It seems government should prioritize spending more on basic education, Wagley, M. P., Kantipur Jan 31, 2012
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Conti..
The budget that is allocated to the education especially in the school education is mostly spent in teachers' salary as well as in administrative purposes
Investment in infrastructure development, supportive educational materials for teachers and students is seemed to be low
There is the need to provide educational loans and certain scholarships to the needy students even in higher levels
12/25/2013
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