Annual $59bn funding gap risks leaving millions of children without basic skills

SourceThe National
SectorFinancial Markets
CountryMiddle east

A staggering $59 billion annual funding gap means more than half the world’s children could lack the basic skills needed for employment by the end of the decade, education leaders warned, as governments were urged to step up and prioritise young people in Covid-19 recovery efforts. Global children’s charity Theirworld calculated $75bn a year is needed in aid if the UN’s sustainable development goal, which entails inclusive equitable quality primary and secondary education by 2030, is to be met. In 2019, only $16bn was given – a figure likely to fall after the pandemic that has savaged the global economy, and indications that more...