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NaslovnicaEnglish NewsBusiness NewsInvestment in human capital is of great importance

Investment in human capital is of great importance

Skopje, (MINA-BUSINESS) – Governor of the Central Bank (CBCG) Radoje Zugic has said that the investment in human capital must find an important place in every country’s budget.

“In the time of globalization and fast technologic development, it is important to understand how education influences the income distribution in order to develop and implement the inclusive and sustainable economic development policies,” Zugic said at the annual meeting of the Dutch-Belgian Constituency at the International Monetary Fund and the World Bank, organized in Skopje.

According to a press release issued by the CBCG, he said that there was considerable potential for the Western Balkan countries to made further progress in the field of elementary education, healthcare and social welfare.

This year’s meeting, which was also attended by Minister of Finance Darko Radunovic, was opened by Prime Minister of North Macedonia Zoran Zaev.

The Constituency meetings are held once a year, allowing the finance ministers, central bank governors and other senior officials of the member countries to discuss globally relevant and financial issues with the IMF and WB representatives.

Longer version of article is available on a link MINA ENGLISH SERVIS

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