Call for poor countries to invest in young people and women
Investment in young people and empowerment of women are critical to boosting the economies of poor countries, according to a new report by the UN Population Fund (UNFPA).
The report says that 60 per cent of the population in the world’s 48 least developed countries, or LDCs, are young people under the age of 25 years.
Dr. Babatunde Osotimehin, UNFPA’s Executive Director, says that the LDC population will double to over 1.5 billion by 2050, mainly in Sub-Saharan Africa.
“I actually look at the issue of population in these kinds of situations as an opportunity for growth in those countries if the governments, in fact, take advantage of them because you have a youthful population, a population that you can put to work and a population that you can provide opportunities for investment and they would go out and do, through micro credit through agriculture, all sorts of things.”