Advancing Sri Lanka’s Education System through Innovative Funding

Abstract

The Sri Lankan education system faces new challenges in improving the quality and relevance of education to equip workers with evolving skills demanded in a more globalized world. There are substantial mismatches between demand for and supply of workers, especially in terms of higher education and high-skilled workers. Also, there is a wide gap between school and the world of work; the quality of the general education system, mainly provided by the public sector, does not transmit much productive skills to pupils.