ADDIS ABEBA – Prime Minister Abiy Ahmed has launched a new Investment and Jobs Creation National committee in a bid to create 3 million jobs during the current fiscal year.
The committee was launched on Wednesday morning in the presence of Regional Presidents and Federal Ministers.
While speaking at the launching event at the PM office, Abiy said Ethiopia has to “unlock the full potential of the private sector” to create sustainable decent jobs.
The committee, chaired by the Prime Minister, is comprised of the Deputy Prime Minister, Presidents of the nine Regional Governments, mayors of Addis Ababa and Dire Dawa cities as well as two representatives from PM office and ten federal ministries.
“The national committee will ensure the creation of sustainable and decent work by aligning policy and institutional systems,” said the office of the prime minister.
“It will also play a leading role in securing and expanding investments closely and ensure implementation of plans to increase investments and job creation,” it added.
The committee was given the duty to coordinate for effective outputs, the work of federal and regional entities and others in creating a conducive investment environment to accelerate job creation, according to the PM office.
Every year between 2 to 3 million youth enter the employability age range and add to Ethiopia’s human resource and talent pool.
While Ethiopia’s economic performance is progressive, more work needs to be done to create a conducive investment climate towards job creation, the PM office’s statement says.
The Doing Business Initiative and committee, led by PM Abiy, has already marked key milestones towards the goal of creating an enabling business environment in which the private sector can play its critical job creation role.
These two committees working “in sync are expected to facilitate” the goal of creating three million jobs by the end of 2012 Ethiopian Calendar, Abiy’s office also said. The 2012 EC will start on Sept 12, 2019.
Wednesday’s meeting identified key sectors that should be given special focus to accelerate job creation nationwide.
These include agriculture, mining, tourism and Information Technology, says the statement.
The newly launched national committee will meet every two months to evaluate progress and follow-up on issues requiring immediate action to unlock performance.
After concluding the meeting, PM Abiy and members of the committee planted seedlings together for a Green Legacy.