Saturday March 23, 2019

World Bank urges for more funds to be invested into Primary School Education with focus on Reading Skills

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Students in a primary School., Pixabay

Dubai, March 18, 2017: Manager Education Sector at the World Bank group Harry Patrinos said on Saturday that globally more money has to be invested into primary school education with a focus on reading skills.

Patrinos, at the Global Education and Skills Forum (GESF) here, said that the “government and education donors spend rising amounts of money into higher education, while investments into basic education remains stagnant, especially in the developing world,” Xinhua news agency reported.

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However, he added “a study conducted by the World Bank found out that it costs just 10 dollars per pupil per year to equip teachers in Malawi with tools to ensure no child is left behind in relation to achieve basic reading skills.”

The World Bank said Patrinos has therefore launched reading programmes in several developing countries.

The expert added that an estimated 25 percent of children in developing countries cannot read and write, while 50 per cent of all kids in middle-income countries are “technically illiterate”, meaning they are unable to understand or interpret small text.

In Sub-Saharan Africa, “we found out that 61 million people cannot read”, said Patrinos.

“The investments into reading skills shall not be regarded as losses, since the economic loss of creating generations of illiterate people goes into the trillions of dollars globally,” he added. (IANS)

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World Bank to Help Sri-Lankan Farmers Improve Productivity and Tackle Climate Change

The project will ensure that all farmers obtain adequate access to training and research

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world bank, sri lanka
The project will ensure that all farmers obtain adequate access to training and research. Wikimedia

The World Bank on Monday approved a $125 million loan for Sri Lanka to help small farmers improve productivity and tackle climate change.

The programme will benefit more than 470,000 small farmers in six provinces in the dry zone of the country, selected for being most exposed to climate impacts, the World Bank said in a statement cited by Xinhua news agency.

Sri Lanka is particularly vulnerable to climate-related natural disasters such as floods and droughts with hundreds of people killed in recent years, the report said.

farmers, sri lanka, world bank
Sri Lanka is particularly vulnerable to climate-related natural disasters such as floods and droughts with hundreds of people killed in recent years, the report said. Pixabay

“Innovation, including the introduction of improved crop varieties, cropping patterns, water resources management, among others, can help farmers adapt to changing climate and improve their incomes and livelihoods,” said World Bank Country Director for Maldives, Nepal and Sri Lanka Idah Z. Pswarayi-Riddihough.

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The project will ensure that all farmers obtain adequate access to training and research.

Sri Lanka’s agriculture is one of the worst-affected sectors by climate change. Agriculture contributes about 7.7 per cent to the country’s economy and employs 27 per cent of the population. (IANS)