The Ethiopian Ministry of Education has launched the National Education Trust Fund Strategy, a new initiative aimed at improving the quality, accountability, and financial sustainability of the country's education system.

The strategy was introduced during a performance review forum for the first half of the current fiscal year. According to State Minister of Education, Ayelech Eshete, the fund is designed to support and expand the “Education for the Generation” movement, an initiative led by Prime Minister Abiy Ahmed.

Key objectives of the new strategy include:

Sustainable Funding: Establishing a more reliable financial foundation for the education sector.

Transparency & Accountability: Ensuring that financial resources are used efficiently and responsibly to improve educational outcomes.

Infrastructure & Standards: Upgrading school facilities nationwide to ensure all citizens have equitable access to high-quality learning environments.

Continued Progress: Building on the existing success of the "Education for the Generation" movement, which has already seen significant growth in school infrastructure development.

Overall, the strategy represents a major step toward modernizing Ethiopia's education sector by emphasizing measurable results and transparent resource management, reported FBC.