Saudi Arabia and GPE
In February 2024, Saudi Arabia joined GPE with a $38 million contribution to improve education in lower-income countries, particularly for girls.
The Kingdom is a key supporter of GPE’s finance initiatives, including the ACG SmartEd, backed by institutions like the Islamic Development Bank, Saudi Fund for Development, and OPEC Fund. Launched in December 2021, ACG SmartEd is mobilizing $850 million to support education in low-income nations.
The tool is designed to attract additional donor investments. The initiative benefits 37 countries in the Organization of Islamic Cooperation, home to 28 million out-of-school children.
By leveraging such innovative financing, GPE strengthens responses to the global learning crisis, enabling governments to secure better funding terms for education programs.
Learn more:
Minister of Education of the Kingdom of Saudi Arabia
February 2024
