17 July 2018 12:10 am
Minister of Finance accepts proposals to increase funding in early childhood development for 2019 National Budget at the Building Brains Building Futures High Level Meeting on 16th July in Colombo organized by the Department of National Planning and supported by UNICEF.
In a landmark event, marking Policy Makers Day of National Early Childhood Care Week 2018, Building Brains, Building Futures, The Sri Lanka Early Childhood Development (ECD) High-Level Meeting presented early childhood-centric budget proposals to Minister Mangala Samaraweera, Minister of Finance for his consideration in the 2019 National Budget.
Investing in health, nutrition, education and protection from birth through to age five – known as Early Childhood Development – enables all children to reach their full brain capacity, and is one of the most effective and proven drivers of sustainable economic growth.
Budget proposals focussed on Health and Nutrition, Protection and Early Childhood Education were presented by the Ministries of Health, Nutrition and Indigenous Medicine, Women and Child Affairs and Education, to the Minister of Finance and Mass Media for his consideration in the National Budget for 2019.
For Sri Lanka, the cost of not investing in critical interventions that ensure a child’s full brain development could be substantial including a generation with poorer health, fewer learning skills and even a reduced earning capacity resulting in a weaker economy with a greater burden on social welfare systems.
Speaking at the event, UNICEF Representative for Sri Lanka Tim Sutton said “The proposals presented today have the power to transform the lives of children and drive Sri Lanka’s economic growth. Evidence shows that this investment is one of the most cost-effective ways to build this country’s human capital, with a return on investment of as much as 13.7 per cent. We urge the Government of Sri Lanka and the Members of Parliament to support this call for national budget investment in early childhood, to ensure that every child in the country reaches their full potential.”
Government Ministries and UNICEF join forces to secure increased national budget investment in Early Childhood Development from the Minister of Finance and Mass Media
The event was attended by Prof. Edward Melhuish - Professor of Human Development, University of Oxford and UNICEF Regional Director for South Asia Jean Gough among other parliamentarians, ministry officials and members of the diplomatic corps.
The High-Level Meeting, was organized by the Department of National Planning and supported by the United Nations Children’s Fund (UNICEF) in partnership with the Ministry of Finance and Mass Media, Ministry of National Policies and Economic Affairs, Ministry of Education, Ministry of Health, Nutrition and Indigenous Medicine, Ministry of Women and Child Affairs, The Parliamentary Caucus for Children and World Bank.