Education key to achieving first-world status

Defining the News

Legislators on Wednesday underscored the need to upgrade the education system to support the country’s aspiration to achieve a first world status by 2050.

“Prior to the pandemic, 65 percent of our 10-year-olds could read nor understand a simple story, this is according to the World Bank. It has shot up after the pandemic to 90 percent. We cannot reach that first world status without addressing basic concerns and basic issues surrounding education, particularly basic education because that’s where the foundation begins,” Gatchalian told participants of the 2023 PBC&E organized by the Philippine Chamber of Commerce and Industry .

Government spending for basic education reached P721.8 billion in 2023, or about 3.4 percent of the gross national product.

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MlaStandard /  🏆 20. in PH

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