Maravi

Government keen to set up financing for youths - Sampa

Government keen to set up financing for youths - Sampa
By Staff Reporter
Wed 04 July 2012, 13:24 CAT

MILES Sampa says the government is keen to set up financing for youths entrepreneurship projects in the 2013 national budget in a bid to create more jobs.

Sampa, who is finance deputy minister, said this on Monday after attending the opening session of the UN Economic and Social Council (ECOSOC) 2012 Annual Ministerial Review meeting focusing on 'Promoting productive capacity and decent work to eradicate poverty in the context of inclusive, sustainable and equitable economic growth at all levels for achieving the Millennium Development Goals' in New York.

Sampa, who led the Zambian delegation to the high-level meeting at the UN headquarters, said youth unemployment was a global problem.

He noted that all countries were grappling with unemployment especially among the youth.

"What we observed from the meeting today is that the solutions are not only in providing jobs to the youths from government and companies. The youths should become innovative and come up with bankable ideas that can be financed either by the government or the private sector," he said.

He urged the youths to start thinking of becoming employers and not depending on being employed.

"I am happy to say that this government is keen to set up, in the 2013 national budget, financing that will particularly target innovations coming from the youths," said Sampa, who is also PF member of parliament for Matero in Lusaka.

Sampa called for concerted efforts from all stakeholders including opposition leaders and chiefs in addressing unemployment.

Labels: MILES SAMPA

posted by MrK @ 4:15 PM