World Bank pledges to support employment promotion

World Bank pledges to support employment promotion

By Muna Chand

Kathmandu, April 6

The World Bank has pledged to provide support to the government’s efforts for promoting
employment within the country.

The World Bank made such a commitment in a courtesy call paid to the Minister for Labor,
Employment, and Social Security by its delegation led by Bank’s Regional Director Lynne Benz.

On the occasion, matters related to the effectiveness of the WB-funded projects were also
discussed, according to the Labor Minister’s secretariat.

Minister Shrestha said the WB’s support was spectacular in the implementation of the
government-adopted strategy for the promotion of internal employment.

Minister Shrestha thanked the Bank for its support of the Youth Employment and
Transformation Initiative Project under the Prime Minister Employment Program to generate
employment opportunities for youth within the country.

The WB has supported the improvement of an integrated employment management
information system aggregating personal details of unemployed persons, his / her knowledge, skills, and experience, a potential area of ​​employment, labor market demand, and supply sides.

On the occasion, Minister Shrestha highlighted the need for further support in promoting
sustainable employment of the people, developing useful infrastructures for unemployed,
disadvantaged, and targeted beneficiaries, and supplying human resources aligning with the demand of the market.

In response, WB’s Regional Director Lynn expressed the bank’s readiness to support Nepali
people living a disadvantaged and vulnerable life in collaboration with the government,
development partners, and the private sector. Lynn further said the bank would provide
support in the implementation of the government’s policy for promoting domestic
employment.

Also on the occasion, the National Program Director of Prime Minister Employment Program, Dandu Raj Ghimire shared the program being implemented under the project and its progress.

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