NewsThe World Bank has urged Sri Lanka to invest in human capital in preparing for a new emerging world and gain success in today’s rapidly evolving knowledge economy. This call was made by Idah Z. Pswarayi-Riddihough, World Bank County Director for Nepal, Sri Lanka and Maldives when she unveiled the new Sri Lanka Human Capital Development report in Colombo on Friday. Developing its human capital to a new and higher level will be key for Sri Lanka to become an upper-middle-income economy,” she added. “Sri Lanka needs to address human capital development from the twin perspectives of upper-middle-income growth and regional equity,” said Harsha Aturupane Lead Economist and Programme Leader for Human Development for Sri Lanka and the Maldives. “Greater resources and policy attention are needed for provinces where human capital is less advanced while also making rapid improvements in human capital in the more advanced provinces,” he added.

Source: Sunday Times September 30, 2019 05:48 UTC