Importance of investing in human capital stressed

MANAMA: The importance of continuing to invest in human capital for global economic stability and growth was stressed during a virtual meeting held by the World Bank on ‘Investing in Human Capital in the Time of Covid-19’.

Finance and National Economy Minister Shaikh Salman bin Khalifa Al Khalifa participated in the meeting which also urged member states to achieve optimal utilisation of available resources.

The World Bank’s ‘Human Capital Index 2020’ ranked Bahrain as the second top destination in the Arab world to invest in human capital.

The Human Capital Index 2020 measures potential productivity in the health and education sectors across 98 per cent of the world’s population – with a focus on the knowledge, skills and health that a child born today is expected to accumulate by their 18th birthday.

Bahrain scored 0.65 points, up more than 8 percent from its 0.60 ranking based on the same factors 2010 – four times the global average.

According to the report, Bahrain performed particularly well in the field of education, ranking first in the GCC for academic achievement, and among the top five countries globally for the performance of girls over boys in education.



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