Bank of Zambia (BoZ) has urged training providers to urgently boost skills development in order to enhance productive capacities, investment and decent jobs creation to sustain the incomes of working families, the poor and the vulnerable.
Speaking during the Stakeholders workshop on Workplace Based Learning and Training in TEVET organised by TEVETA, the BoZ deputy governor Dr. Tukiya Kankasa-Mabula said productivity and the quality of skilled human resource of any country were major determinants of quality of life of citizens as it affected nutrition, health and education, social protection, and fair treatment.
“Jobs are particularly important for the poor whose labour is often their only asset and a primary route to poverty eradication. That’s why in the aftermath of the recent global financial crisis of 2008, employment has re-emerged as a top priority across the world. In our case, our large and growing young population can be a driver for economic growth and social progress provided they access quality education and health, and are engaged in decent employment, without which, many young people will not be able to escape negative social vices and poverty,” she stated.