Washington, United States:
The World Bank said on Wednesday that the coronovirus epidemic threatened to erase progress made in the last decade in improving child education and health.
The conclusion comes in the Washington-based development lender’s Human Capital Index for 2020, which ranks children on how well they prepare for the future, with an emphasis on factors such as schooling and healthcare.
This year’s report shows that most countries, particularly poor people, have made steady gains to improve health and education before the epidemic.
Despite this, the bank said in a statement that a child in a low-income country with full access to education and full healthcare would acquire only 56 percent of its human capital.
The indicator aims to measure the level in life that a child born today can expect to reach at the age of 18.
World Bank President David Malpas told reporters that those gains are now under threat from the epidemic.
“Human capital is absolutely critical to the country’s financial and economic future as well as social welfare,” he said.
Inequalities among children are set to increase, Malpas said, warning of disturbing trends such as the lack of necessary vaccinations in eighty million children.
“We think that more than a billion children have dropped out of school because of Kovid, and (they) can lose as much as $ 10 trillion in lifetime earnings,” he said, adding that his lowered education As well as the level, they will likely exit. Of school.
He warned that girls face “unsatisfying” risks, and called on countries to invest in education more broadly.
First launched in 2018, this year’s Human Capital Index contains data from 174 countries representing 98 percent of the world.
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