The Civil Society for Poverty Reduction (CSPR) has welcomed President Hakainde Hichilema’s commitment to scaling up investment in skills development, education and health, describing human capital as a critical driver of Zambia’s long-term economic transformation.
President Hichilema, in his inauguration speech, said the Government would place greater emphasis on investment in health, skills development and education during his second term as it seeks to accelerate economic growth and improve the livelihoods of citizens.
CSPR Board Chairperson Partner Siabutuba said the decision to prioritise human capital development was essential if Zambia was to unlock the productive potential of its population and build an economy capable of competing in an increasingly knowledge-driven global market.
Mr Siabutuba, an economist, said economic growth could not be sustained by natural resources and physical infrastructure alone, stating that Zambia needed a skilled, innovative and productive population capable of turning available resources and opportunities into higher-value economic activity.
“Investing in human capital is key because economic growth depends on…
