How Africa Can Unlock Human Capital Potential dailynewstz: Africa
Others include coming up with innovative financing solutions and strengthening training institutions.
Besides, he underscored the need for the multilateral financial institutions to do more by devising innovative financing solutions in support of Africa's drive to accelerate human capital development, given the limited fiscal space of most countries in the continent. He added:"It is an irony that the continent spends much of its financial resources to import knowledge for harnessing our own natural resource wealth. African training institutions should therefore reposition themselves and collaborate to produce home grown solutions to Africa's challenges."
On this backdrop, the VP shared some of the milestones attained by Tanzania in human capital development programmes as including scaling up financing for education from 17.9 per cent in 2019/2020 to 18.9 per cent in 2021/2022 of the total budget, which is approaching the 20 percent agreed target for 2030.
Others were cited also improved teachers and healthcare workers training, taking into account inclusive strategies , strengthening the National Health Insurance Fund by increasing service delivery centres and increased supply of medicines.
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