Education is the foundation to skills development and jobs, and the surest way out of poverty, empowering generations to earn an income and drive economic growth. A good education equips learners with key foundational skills—literacy, numeracy, and socio-emotional competencies—which are essential for work and life. These skills help today’s children become tomorrow’s productive workers and enable workers to reskill or upskill later in life. The World Bank Group is the largest financier of education in the developing world, with a $26.4 billion portfolio across 81 countries, supporting 324 million students to date with better education.
On this International Day of Education, we look at why education works, and how it helps propel people out of poverty, putting economies on a path to growth.
“Credit: World Bank Group. All rights reserved”
director’s office at the World Bank. Coming from the NL Ministry of Finance, my previous job was coordinating the team responsible for World Bank, IMF and G20 matters where my focus was on the World Bank and sovereign debt. Great to be at the Bank now and to remain engaged – albeit in a different role – in the leading multilateral development bank.
Netherlands for the World Bank 