Friday, October 9, 2015

World Bank urges Ethiopia to seriously work on job creation

APA
World Bank has urged the government of Ethiopia to aggressively work on job creation and infrastructure development to meet the growing demand of ever increasing urban population of the country, reports said on Friday.In a report released by the bank, the number of Ethiopians residing in cities is projected to reach 42 million by 2030.
The report, which pointed out the disparity of land supply in towns, noted that the government should further consolidate its activities in creating jobs and making inhabitants own houses.
Acting Country Manager and Program Leader at the World Bank Quiser Khan said the over 5.4 percent annual population growth in towns would contribute a lot to the growth of the country.
The bank recommended the government of Ethiopia to make preparations ahead of time to particularly make use of the 80 percent youthful productive population that would dominate the country after 15 years.
The small-scale enterprises need to employ many people and investors engaged in manufacturing sector encouraged to create wide job opportunities, Khan stated.
Even if urbanization is better than it was a decade ago, the growth is not at the desired level, according to the study.
Source: http://en.starafrica.com/

No comments:

Post a Comment

Related Posts Plugin for WordPress, Blogger...

Recent Articles

Recent Video Uploads

Subscribe Ethiopia Today Videos and Watch on You Tube

Ethiopia Today

  • Active a minute ago with many
  •  
  •  videos
Ethiopia Today bringing you recent information about Ethiopia. It bring you, news, Amharic movies,  Musics and many clips. subscribe and get many Videos on time