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Though we have seen many plans — be they industrial strategies, export frameworks, investment facilitation programs, or reform agendas — very few see the light of day, and even fewer reach the implementation stage.
Outcomes, for all relevant reasons, remain below potential. What we need is to shift our attention from making plans to executing them, and execution, as we all know, requires capable and consistent human potential.
Any economy needs a base of skilled workers, capable managers, engineers, technicians, researchers, specialists, and innovators to compete within the region and across the globe. Without the right human resource base, the best of policies taste dirt, ambitions remain aspirations, and development is a dream.
The budget is about to be presented, and while geopolitics and inflationary trends will have affected it, incorporating human capital development as an economic investment and competitiveness strategy may just save the day.
