| |
Developing Human Capital
116.
The Government has been investing heavily to develop human capital, the most important resource in a knowledge-based economy. Expenditure on education exceeds $50 billion a year, accounting for about one quarter of total government recurrent expenditure. Education is the policy area that takes up the largest share of government resources. As the resources we put into education are long-term investments that enhance the quality and productivity of our population, we will maintain our commitment in this area.
|
|
|