Education budgets were cut by 65 percent of low and lower-middle-income countries after the onset of the Covid-19 pandemic while only 33 percent of high and upper-middle-income countries did so, according to a report by the World Bank.
UNESCO”s Global Education Monitoring report compilation
The report, compiled in collaboration with UNESCO”s Global Education Monitoring (GEM) Report, said the current levels of government spending in low and lower-middle-income countries fall short of those required to achieve the Sustainable Development Goals (SDGs).
“In order to understand the short-term impact of the Covid-19 pandemic on education budgets, information was collected for a sample