Monday, October 29, 2018

Human Development 2019

(An extract from Foreign Direct Investment 2019)


Good health, sound education, social empowerment, physical activities and community interaction are the essentials for Human Development. The Human Development category is to execute policies, strategies and initiatives of the Ministries of Health, Education, Social Development and Family Services, Community Development, Culture and the Arts, and Sport and Youth Affairs. This comprised expenditure funds totaling 28.85% of the nation’s total expenditure, as reported by the office of the Auditor General 2017 and 29.09% in the 2018 revised estimates, while estimating 29.20% up by 2.70% for 2019, as published by the Ministry of Finance. Noting that, the progress of any country, nation, society is driven by its human resource and the development of such; its citizenry, its people, its skills and talents.


Charged with oversight of the entire health system, the Ministry of Health, with Human Development funding of a 30.57% estimated for 2019, plays a central role in the protection of the population’s health and in ensuring that all organizations and institutions that produce health goods and services conform to standards of safety. This ministry provides effective leadership for the health sector by focusing on evidence-based policy making; planning; monitoring; evaluation; collaboration and regulation. The ministry establishes national priorities for health and ensures an enabling environment for the delivery of a broad range of high quality, people-centred services from a mix of public and private providers. Healthcare involves nutrition, directs wellness through physical and mental activities, controls drugs through dispensary, manages rehabilitation for addicts and delivers emergency programs through regional clinics and hospitals along with special treatment centers, and is responsible for building new, for expanding and maintaining facilities, and recruitment and training personnel.

The Ministry of Education, with a 34.72% estimated for 2019 of the Human Development funding, is a high performing and dynamic organization, leading a quality education system that is responsive to the diverse needs of 21st century learners, to contribute to the education and versatility of holistically developed children, who are able to satisfy the human capital needs and sustainable development of society. Education overseeing curriculums development, administers facilities and recruits and trains personnel for pre-school (Early Childhood Care ECC), primary, secondary and tertiary institutions along with special purpose education operations and emphasizing Science and Technology.

Guided by the tenets ‘Helping, Empowering and Transforming Lives’, the Ministry of Social Development and Family Services, with Human Development funding of a 30.59% estimated for 2019, seeks to empower its clientele through rehabilitative and skill enhancement initiatives, which promote human prosperity in the context of sustainable development. This ministry is also responsible for developing, coordinating, monitoring and evaluating social sector policies and programmes to ensure sustainability, cultural relevance and economic viability, to lead in the enhancement of lives, with emphasis on the vulnerable, through a network of integrated, effective and accessible social services. Social Services addresses poverty reduction; manages food distribution, the needs of the differently able and the homeless, among other outreach programs, administered to reach the people truly in need and to incorporate the necessary training components.

With a 2.31% estimated for 2019 of the Human Development funding, Community Development mirrors the Government's policy for the mobilization and engagement of communities throughout the nation so that everyone can make a contribution to our nation's success, with everyone benefitting from it. The focus on Culture engages in the collection, protection, promotion and dissemination of elements of the nation’s rich cultural diversity. The Arts strategically engender through national development policies, a renewed sense of national pride, patriotism, national identity and a commitment to preserve the heritage assets of the nation.

To engender positive attitudes that facilitate the delivery of technology-driven, quality services with special emphasis on Sport development for recreation, lifestyle and industry. The Ministry of Sport and Youth Affairs, with Human Development funding of a 1.81% estimated for 2019, policy direction is to support and grow sporting bodies (schools, clubs, leagues) into viable, self-sufficient business, lessening the dependencies on grant funding and subventions from the treasury, allowing talented youths to train and succeed along a chosen sporting career path.

Rationale
T.A.J & Associates Company Limited uses this occasion to comment on topics that have been covered, both academically and by the mainstream media, to add its opinion and point out investment opportunity, not to invoke any social action.