World Bank chief urges Peru to improve education for poorest students

7 May 15

Peru’s government should do more to improve the quality of education it offers to poor and vulnerable students in order to end extreme poverty, World Bank president Jim Yong Kim said.

Kim, speaking in Peru as part of the bank’s ‘Road to Lima’ initiative aimed at improving educational quality, said improved student performance and teacher training would ‘contribute to a better future for Peru’.

He said: ‘Better learning outcomes help to build a competitive labour force, to create jobs and to promote inclusive economic growth.’

Peru’s economy has managed to stabilise and strengthen since the 2008 global recession, thanks to a transparent and prudent macroeconomic framework, the bank said.

The government has done quite well in reducing poverty over the last 10 years, the bank noted. Just one-third of the country’s population lives in rural areas, but those same areas account for half of the poor and 80% of the extreme poor.

Kim travelled to Peru’s Pasco region with president Ollanta Humala and education minister Jamie Saavedra to meet recipients of the Beca 18 scholarships and students at a high-performing school in Chontabama in Oxapampa Province. The Beca 18 programme helps low-income youths access higher education.

He said the World Bank would continue to work closely with the government on the Road to Lima initiative.

  • Judith Ugwumadu
    Judith Ugwumadu

    Judith writes about public finance, public services and economics across Public Finance International and Public Finance. She previously undertook reporting stints at Financial Adviser, Global Security Finance and The Sunday Express.

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