Education budgets have been cut by 65 per cent of low and lower-middle-income countries after the outbreak of the covid-19 pandemic, according to a report by the World Bank. The report has been compiled in collaboration with UNESCO's Global Education Monitoring (GEM) Report. It said that 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 coronavirus pandemic on education budgets, information was collected for a sample of 29 countries across all regions, out of which there were three low-income countries, 14 lower-middle-income countries, 10 upper-middle-income countries and two high-income countries. The sample represented about 54 per cent of the world's school and university-aged population, the report said.