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QEF meaning in Governmental ?

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Answer: What is Quality Education Fund mean?

The Quality Education Fund (Chinese: 優質教育基金; 2 January 1998 – ) is a fund in Hong Kong set up for promoting education reform. It was suggested by Tung Chee-hwa, former Chief Executive of Hong Kong, in his first policy address in October 1997. It is used for funding various quality education programmes in Hong Kong.

After the fund was set up, it obtained five billion HKD from the Government of Hong Kong to support its long-term operation. Initially, the full amount of requested funding will be allocated to the applicants, but now the fund is a matching fund.

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