Students affected by school closures may lose RM740 expected annual income - ADB

Students affected by school closures in developing Asia stand to lose an average of US$180 (RM740), representing a 2.4 percent decline, in expected annual earnings, said the Asian Development Bank (ADB).

The present value of this future earning loss adds up to an estimated U$1.25 trillion (RM5.13 trillion), equivalent to 5.4 percent of the region’s Gross Domestic Product (GDP) in 2020, the bank said in its flagship economic publication, Asian Development Outlook (ADO) 2021.

"In a more optimistic...