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The Ministry of Education (Persian: وزارت آموزش و پرورش ایران‎) established in 1964, is an Iranian government body responsible for the oversight of K-12 education in Iran. Each year, 20% of government spending and 5% of GDP goes to education, a higher rate than most other developing countries. 50% of education spending is devoted to secondary education and 21% of the annual state education budget is devoted to the provision of tertiary education.