their own. According to the Secretary-General, there are several challenges, including the current contraction in economic activity, as well as depleting revenues and heavy debts are limiting governments from making investments in long-term development. “We need a fundamental shift in the development finance ecosystem to support developing countries in coping with these challenges and in building their resilience, which is integral to the recovery and strengthening of their education systems,” she said.
Therefore, having successfully concluded the Global Education Summit, this is a pivotal moment for the global community to reform measures that would ensure access to development finance which will assist poor and vulnerable countries n better spending on educating their people, while rebuilding economies. According to the Commonwealth Secretary General, the world needs a “bold, fresh and evidence-based vision” that would not only improve learning outcomes but also multiply them. She pointed out that the crisis must be tackled with the same rigour, resolve and resourcefulness that has been demonstrated in response to the global health crisis since last year. “Riding the wave simply is not enough. We need to make it our own, a tsunami of hope, rather than despair, whilst the window of opportunity is still available to us,” Scotland said.
