Dhaka, June 24 -- Bangladesh is preparing for a major transformation of its education system placing technology, skills development and innovation at the heart of a long-term strategy aimed at building a globally competitive workforce and accelerating economic growth.

Under an ambitious plan outlined in the FY2026-27 budget document, the government intends to gradually increase education spending to 5 percent of GDP over the next five years while introducing wide-ranging reforms designed to equip young people with the knowledge, technical expertise and digital skills needed for the jobs of the future.

The government views education not merely as a means of obtaining certificates but as the most reliable foundation for national reconstru...