Published On: Tue, Oct 8th, 2013

Rosaria wants new measurement instrument for national budget

Alex RosariaWILLEMSTAD - There must be a new way of measuring prosperity and the creation of budgets. This is according to Alex Rosaria of the political party PAIS . "Budgets should be based on policy and vision rather than numbers." He wants to use the Human Development Index (HDI) for this purpose.

Rosaria suggests that policy makers should focus on the social side of development and not just on the financial side. He therefore committed to introducing the HDI. This instrument was developed by the United Nations Development Program (UNDP). The HDI measures mainly poverty, illiteracy, education and life expectancy. The index thus reflects the level of education, the health level and income in a country.

Not enough

Rosaria calls the current system inadequate and not transparent enough. He argues that both the creation of new policies and the evaluation of existing policies should be done based on the index objectives of HDI. The national budget must be based on this index

Click Tag(s) for Related Articles: