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The World Bank Group and Education

Education is a human right, a powerful driver of development, and one of the strongest instruments for reducing poverty and improving health, gender equality, peace, and stability. The World Bank Group is the largest financier of education in the developing world, working in 90 countries and committed to helping them reach SDG4: access to inclusive and equitable quality education and lifelong learning opportunities for all by 2030.

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Education Must Remain a Political Priority in All Countries

Developing countries have made tremendous progress in getting children into the classroom, with the majority of children worldwide are now in primary school. Nevertheless, some 260 million children are still out of primary and secondary school. In his newest blog, World Bank Global Director for Education Jaime Saavedra marked International Day of Education on January 24 as a day to mobilize political ambition, actions, and solutions to recover learning losses due to the pandemic, while recognizing that even before the pandemic, we lived in a learning crisis.

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David Malpass: Reversing the Global Learning Crisis Before it Derails a Generation of Children

As many as 70% of 10 year-olds in low- and middle-income economies can’t read and understand a basic text—what we call “learning poverty.” In his op-ed, originally published in USA Today, World Bank Group President David Malpass shares the four steps that are needed to recover learning losses and transform education. 

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The World Bank has two goals: end extreme poverty and promote shared prosperity in a sustainable way.

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We engage the development community with real-world statistics

Money matters, and it’s impossible to imagine increasing the primary school completion rate in low-income countries from its current 67 percent to every child finishing elementary school without increasing spending, just in terms of construction and teachers for all these additional students. But how we spend the money also matters - so increase school spending, track its use, measure its impact, and adjust. Source


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