In Azerbaijan, another 100 schools will transition to a new financing system

In Azerbaijan, another 100 schools will transition to a new financing system
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In 2027, the allocation of 223.8 million manats is planned for transitioning another 100 schools to the per-capita financing mechanism.

As reported by BAKU.WS with reference to Oxu.Az, this was stated by Deputy Minister of Science and Education Kanan Karimzade during the discussion of the draft law "On the State Budget of the Republic of Azerbaijan for 2027" at a joint session of the Milli Majlis committees on agrarian policy, family, women and children's issues, as well as science and education.

He reminded that currently this figure stands at 500 schools.

"Within the framework of public-private partnership with the participation of parents, we have already managed to cover 8,000 children. Next year, we plan to increase this figure to 12,000 children by engaging them in preschool education through the development of the private sector.

Thanks to this mechanism, the state covers 70% of the cost of each child's education in a private preschool educational institution. For the implementation of this initiative, 37.5 million manats have been allocated for next year.

By 2030, we plan to cover 30,000 children with the project.

A significant portion of the allocated funds indirectly returns to the state. If we fully implement this reform, 18 million manats will go to the State Social Protection Fund, and 12 million manats will return in the form of tax revenues to the State Tax Service," noted Kanan Karimzade.

This news edited with AI
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