Building Human Capital : Lessons from Country Experiences - Egypt
Government-led economic reform programs have been an important vehicle to improve the lives of Egyptian citizens. This case study describes one of these programs, which reduced energy subsidies to enable the government to channel more investment in...
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| Format: | Report |
| Language: | English |
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World Bank, Washington, DC
2021
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| Online Access: | http://documents.worldbank.org/curated/en/559411619584825046/Developing-Human-Capital-in-Egypt-through-Energy-Subsidy-Reforms-A-Case-Study http://hdl.handle.net/10986/35533 |
| Summary: | Government-led economic reform programs
have been an important vehicle to improve the lives of
Egyptian citizens. This case study describes one of these
programs, which reduced energy subsidies to enable the
government to channel more investment into the human capital
sectors, health, education, and social protection. This
program not only provided a reliable source of funding to
build Egypt’s human capital but also supported longer-term
economic stability. In its continued efforts to build human
capital, the Government of Egypt must consider the
challenges that the country is facing, especially its high
fertility level and inequalities in access to services of
decent quality. Therefore, this study includes an action
plan to help the Egyptian government to continue making
productive investments in human capital and to reach the
inclusive development goals articulated in its 2030 Vision. |
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