Capital expenditure on education


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.

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Example of use

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).