Human Capital Budgeting and Sustainable Development in Mali

Ousmane MAIGA, Observatoire National du Dividende Démographique
Robert Dabou, Projet SWEDD Mali
Dramane COULIBALY, SWEDD-Mali
Moussa Sidibe, Projet SWEDD Mali

If we are to capitalise on the demographic dividend, we need to make optimum use of public resources. The Demographic Dividend Monitoring Index (DDMI) makes it possible to assess positive or negative trends in these dimensions and to identify the sectors that require major investment in order to create the right conditions for achieving sustainable development goals. In fact, budgeting that is sensitive to the dimensions of sustainable development and takes account of population dynamics is proving to be of great interest, and it is essential to measure the effect of a franc allocated to the formation of human capital that is adequate for sustainable development. The objective of this work is to analyse budget allocations in favour of human capital and to propose ways of improving the optimal allocation of the national budget. The methodological approach consisted of identifying each item of expenditure made by the State for each institution for the DDMI function and then identifying the nature of this expenditure. The results show that the health and education sectors are still on the margins of budget allocations. However, more than half (58%) of expenditure on human capital is directed towards education, of which 63% is injected into operations, leaving investment on the sidelines.

Keywords: Mathematical demography , Health and Morbidity, Human Capital, Education, and Work, Population and Development

See extended abstract.