In October 2009, World Bank and Russia entered a collaboration on the Russia Education Aid for Development (READ) program which aims to help developing countries improve learning outcomes. READ countries are Angola, Ethiopia, Kyrgyz Republic, Mozambique, Tajikistan, Vietnam and Zambia. On the first day, the event opens with speeches by Russian Finance Minsiter and World Bank Russi Country Director. Dean Slolkovo Business School Moscow will introduce the READ program. Erik Hanushek gives the keynote lecture on Learning Outcomes and Economic Growth while Andreas Schleicher gives another on Costing Under-Achievement in the OECD. On Day 2, there will be an ABCs of Assessment for the audience which comprises largely minister-level participants and heads of assessment units in the READ countries. There will reports from Russia, Singapore and Poland followed by sharing by African nations - South Afica, malawi and Kenya. Day 3 consists of presentations by the READ countries. I look forward to listening to the economic dimensions of education and I am pleased to present the Singapore case at this platform.