ADB warns of slower economic growth, job losses due to prolonged school closures

MANILA, Philippines — Prolonged school closures — including one of the longest, currently ongoing in the Philippines — would not only slow economic growth but also shed jobs across the Asia-Pacific region even a decade after COVID-19 spread and became a pandemic, the Manila-based multilateral lender Asian Development Bank (ADB) said.

No less than the country’s chief economist — Socioeconomic Planning Secretary Karl Kendrick Chua himself during a chat with reporters last week attested to the subpar quality of online classes compared with face-to-face schooling, hence expressed worries about his only son’s, as well as millions of Filipino school children’s future.

“Severe dis…

Keep on reading: ADB warns of slower economic growth, job losses due to prolonged school closures

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