The World Bank has expressed concern over the spread of COVID 19, which poses a serious threat to health and education in many countries, including poorer countries. However, in the past, many countries, especially the poorer ones, lost out on the achievements of education and health due to the COVID epidemic. “Human capital is very important for the economic future and social well-being of the country,” World Bank President David Malpas said in a statement.
The World Bank has warned that the COVID pandemic, which is spreading around the world, could plunge 100 million people into abject poverty. Currently, more than eight million children are not properly vaccinated. Similarly, more than one billion children have been denied education due to the COVID epidemic. The declining proportion of girls in schools will lead to a crisis. The World Bank President urged countries to make large investments in education.
The Human Capital Index, launched in 2018, includes data from 174 countries, which represent 98 percent of the world’s population. World Bank President David Malpas has warned that the number of people going into poverty could rise again if the spread of COVID prolongs or relapses in smaller countries.
