The World Bank called on Sri Lanka to invest in human capital in preparing for new emerging world and gain success in today’s rapidly evolving knowledge economy.
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
She noted that investing in the human capital is going to be the most important decision a country can make to secure its future.
Developing its human capital to a new and higher level will be key for Sri Lanka to become the upper-middle-income economy it seeks to be.
Central Bank looks forward to continuing our work with the Government to realize the country’s full promise and potential, she assured.
“Technology and automation are radically changing the very nature of work and reshaping industry, “she said.
“Children in primary school today are likely to work in jobs that may not even exist right now. 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.