Indonesian Finance Minister Sri Mulyani Inderawati (Source: ANTARA)

Jakarta (VNA) –
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).

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

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

Minister Indrawati explained that the Indonesian government has been serious about increasing human capital investment through among others the launch of BPJS-Health universal health insurance program in 2015.

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 improve human capital in Indonesia.

On the same day, the WB launched the Human Capital Index in 158 countries, which was followed by the launch of human capital 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 include Armenia, 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