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View Full Version : AmCham and 5%+ for education



NewsWhore
06-30-2011, 04:20 PM
Julio Brache, president of the American Chamber of Commerce, called for a national pact in favor of improving education in the country. He called for a public-private pact where definite roles and commitments are established for sustainable and effective changes in education. Brache said that the training of teachers is one of the most critical points on the agenda. Brache spoke yesterday at the American Chamber of Commerce monthly luncheon.

Brache explained that 40 AmCham businesses sponsor public schools investing US$1.5 million in around 60 schools nationwide directly benefiting 1,140 teachers and more than 44,000 children.

The keynote speaker at the luncheon, Marcelo Cabrol, director of the education division of the Inter American Development Bank (IDB) said that research shows that today in Latin America on average 4 out of every 10 children will abandon school before reaching high school. He said this has serious consequences for national competitiveness as it affects the quality of labor and the individual's own personal advancement.

Cabrol said that in the region there has been an increase in the investment per student in Latin America from 3.2% of GDP to 5%. He said the least that should be invested is 5% of GDP. In the DR, the investment in education is at 2.3% to GDP. Moreover, Cabrol said there is a need to resolve issues with efficiency and infrastructure. Cabrol urged the country to take advantage of new technologies for education. He stressed the importance of language studies and mathematics.

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