Faroe Islands the economy remains vulnerable. One of the biggest private companies of the Faroe Islands is the salmon farming company Bakkafrost, which is the largest of the four salmon farming companies in the Faroe Islands and the eighth biggest in the world. Petroleum found close to the Faroese area gives hope for deposits in the immediate area, which may provide a basis for sustained economic prosperity. 13% of the Faroe Islands' national income comes as economic aid from Denmark. This corresponds to roughly 5% of GDP. Since 2000, the government has fostered new information technology and business projects to attract new
Education in the Faroe Islands and music schools. The structure of the Faroese educational system bears resemblances with its Danish counterpart. The main language of instruction up to the lower secondary school is Faroese, while Danish is the main language of instruction in upper secondary schools. Education in the Faroe Islands is administered and regulated by the Ministry of Education, Research and Culture (), with Rigmor Dam being the minister since 15 September 2015. The Ministry of Education, Research and Culture has the jurisdiction of educational responsibility in the Faroe Islands. Since the Faroe Islands is a constituent country of the Danish Realm, education in