Investing in Human Capital Development

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Economic Policy Research Centre

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In line with the shift from Sector Based Budgeting to Programme Based Budgeting, the Human Capital Development programme is a new programme that covers sectors of Water and Environment Sector, Education, Health, and Social Development. This brief therefore assesses FY 2021/22 budget allocation to the HCD programme with a focus on the four highlighted sectors. In the FY 2021/22, in line with the NDP III, the Government will pursue resource-led industrialization, anchored on increasing production, expansion of the industrial base for value addition and exports for viable agricultural and mineral commodities.

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