World: World Bank pledges U.S. $2.5 billion for girls’ education

World: World Bank pledges U.S. $2.5 billion for girls’ education

The World Bank in April 2016 pledged U.S. $2.5 billion to educate and empower adolescent girls in low-income countries as a way to improve their well-being and fight poverty.

Speaking at the spring meetings of the World Bank Group and the International Monetary Fund, World Bank President Jim Yong Kim said that enabling girls to attend school helps them delay marriage; have fewer, healthier and better educated children; and get better jobs.

The funds will be allocated by 2020, and 75 percent of the money will go mostly to countries in Sub-Saharan Africa and South Asia.

“Unleashing the full economic potential of half the population can drive the growth and prosperity of nations,” Kim said. “Investing in girls and women is not only the right thing to do for them as individuals. It’s also the smart thing to do for economies.”

Let Girls Learn seeks to encourage the leaders of other countries to provide opportunities for education to the estimated 62 million girls around the world who do not attend school.

The Associated Press

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