Indonesia invites WB donors to invest in human capital projects

Indonesian Finance Minister Sri Mulyani Indrawati has invited all World Bank (WB) donors to invest in human capital projects to improve Indonesia’s Human Capital Index (HCI).
Indonesia invites WB donors to invest in human capital projects ảnh 1Indonesian Finance Minister Sri Mulyani Inderawati (Source: ANTARA)

Jakarta (VNA) –
Indonesian Finance Minister Sri Mulyani Indrawati has invited all WorldBank (WB) donors to invest in human capital projects to improve Indonesia’s HumanCapital Index (HCI).

Through human capital, projects donor countries are invited to invest in humancapital to prepare individuals to work and increase economic competitiveness ofa country in the future.

Indonesia has willingly registered to become the initial country to adopt theproject because with the belief that investment in human capital is a strategicstep to assure sustainable and quality growth, she remarked.

Minister Indrawati explained that the Indonesiangovernment has been serious about increasing human capital investment throughamong others the launch of BPJS-Health universal health insurance program in2015.

The country is still in the initial stage to achieve universal health safety,she noted, saying she is confident that this programme will be able to improvehuman capital in Indonesia.

On the same day, the WB launched the HumanCapital Index in 158 countries, which was followed by the launch of humancapital projects in 28 countries, including Indonesia.

Based on the WB HCI report, Indonesia`s HCI is recorded at 0.53.

Besides Indonesia, 27 other countries that adopt human capital project includeArmenia, Bhutan, Costa Rica, Egypt, Ethiopia, Georgia, Iraq, Jordan, Kenya,Kuwait, Lesotho, Lebanon, Malawi, Morocco, Pakistan, Papua New Guinea, Peru,the Philippines, Poland, Rwanda, Saudi Arabia, Senegal, Sierra Leone, Tunisia,Ukraine, United Arab Emirates, and Uzbekistan.-VNA
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