(MENAFN- AzerNews)
Sabina Mammadli read more An event dedicated to the presentation of 'Azerbaijan's Human
Capital Review” report, organized with the support of the European
Union, was held in Baku on February 24.
The Human Capital Review is aimed to support the implementation
of the Azerbaijani Government's National Priorities 2020 and the
Socio-Economic Development Strategy 2022-2026 by assessing the
state of key capital endowments and challenges in the country,
identifying priority human capital outcomes that can be
strengthened and offering country-specific policy options to
improve the mentioned outcomes.
Reporting from the scene, Azernews informs that
representatives of the Azerbaijani government, development
partners, civil society, and media representatives attended the
event. Moreover, World Bank Director for human development in
Europe and Central Asia Fadia Saadah, who is on an official visit
to Azerbaijan, and EU Ambassador Peter Mikhalko gave speeches at
the event.
Speaking at the event, World Bank Country Manager for Azerbaijan
Sarah Michael gave an outline of the human capital index, which
measures the expected productivity of the next generation of
workers based on their education and health outcomes.
According to her, based on the report, the human capital index
in Azerbaijan has increased from 50 to 58 percent from 2010 to
2020.
“Creating a dynamic and inclusive society with competitive human
capital is one of the national priorities of Azerbaijan in the new
national strategy. I hope the report we presented today will
provide useful data and evidence to support the formulation of
relevant new policy actions,” Michael stressed.
Furthermore, EU Ambassador underlined European Union's support
for Azerbaijan's human development, emphasizing the fundamental
importance of investments in this sphere.
He noted that thanks to this project, it will be possible to
identify priorities for future development in this area.
“Azerbaijan and the EU promote human capital development for
continuous improvement of the Azerbaijani public administration and
public service, the ambassador said.
Similarly, the visiting World Bank official Fadia Saadah gave a
detailed presentation about human capital development and in which
areas Azerbaijan has further work to do. The official noted that
there are many ways for Azerbaijan to further improve the situation
going forward.
“Ensuring equitable access to quality education, health, social
protection, and employment services for the poorest and most
vulnerable people would help set the country on track to ensure
citizens and communities reach their full potential,” Saadah
remarked.
At the end of the event, the presenters answered questions from
the audience.
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Sabina Mammadli is AzerNews' staff journalist, follow her on
Twitter: @sabinammdl