The government is to introduce a policy on human resources (HR) development by next year.
Senior Minister for Human Resources, D.E.W. Gunasekera said the policy document that is currently being finalized would be presented to the Cabinet of Ministers by the end of the year.
The policy is expected to help develop the country's human resources, which could also be a great foreign exchange earner for the country.
He said that a group of 25 persons including intellectuals, officials representing the business chambers, trade unions and ministries have met for the last six months to prepare the HR Policy for the country.
He noted that data had even been collected from areas outside Colombo including Jaffna when formulating the document.
The policy document is to cover several key areas like education, higher education, vocational training, labor, foreign employment, sports, productivity and the public sector.
"The HR policy would be guide to the government in building the country as a hub for human resources. There's currently a lack of supply according to the demand," Minister Gunasekera said.