ISLAMABAD: President Dr Arif Alvi said inadequate investment in human capital was an important issue that needed to be addressed by institutional and political leadership. “Institutional and political leadership owes it to nation to sober up, unite and deliver,” he wrote on Twitter. President regretted that real issues of country had taken back seat in current situation. “These are real issues of my country, but they have taken remote back seat in current hysteria,” he said. He stressed role of institutions and politicians to get united and deliver.

President Alvi also shared an article published in national daily based on data of World Bank and Pakistan Human Capital Review. Low human capital investments will limit realisation of Pakistan’s ambition to become an upper-middle-income country by 2047, says new World Bank report.

Pakistan’s Human Capital Index (HCI) value of 0.41 is low in both absolute and relative terms; lower than the South Asia average of 0.48, with Bangladesh at 0.46 and Nepal at 0.49.

“If Pakistan continues on its current trajectory in human capital development, its GDP per capita would grow overall by mere 18 percent through 2047, 100th anniversary of its founding, according to Pakistan Human Capital Review.

Published in The Daily National Courier, April, 04 2023

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