IFC investments in basic education: marginalising the poorest

Non-formal primary school in Mathare, Nairobi, Kenya. Credit: TonyBaker

Non-formal primary school in Mathare, Nairobi, Kenya. Credit: TonyBaker

Despite the World Bank’s commitment to promote free primary education, the International Finance Corporation (IFC, the World Bank’s private sector arm) approved $162 million in investments for the expansion of fee-charging, for-profit primary and secondary schools worldwide from 2011 to 2015.

Published: April 2017

Author: Milagros Lechleiter, RESULTS Educational Fund

Posted in: The Bretton Woods Project