Expenditure for assets that last longer than one year. It includes expenditure for construction, renovation and major repairs of buildings and the purchase of heavy equipment or vehicles.
UNESCO-UIS. 2005. Global Education Digest 2005: Comparing Education Statistics across the World. Montreal: UNESCO-UIS.
Increasing education quality is a central aspect of the new agenda. This costing makes several provisions so that the quality of instruction meets minimum standards to ultimately achieve the desired learning outcomes: a ceiling for pupil/ teacher and pupil/classroom ratios; adequate maintenance of classrooms; competitive teacher salaries to support the recruitment of talented and motivated teachers; and sufficient non-salary expenditure for learning materials and administrative support (UNESCO, 2015: 295).
UNESCO. 2015. Education for All 2000-2015: Achievements and Challenges; EFA Global Monitoring Report, 2015. Paris: UNESCO.