Ethiopian Prime Minister Abiy Ahmed launched the Investment and Jobs Creation National committee in the presence of Regional Presidents and Federal Ministers, the Office of the Prime Minister said in a tweet.

Noting that Ethiopia has to unlock the full potential of the private sector with a view to creating sustainable and decent jobs, PM Abiy reiterated the importance of putting the country on a path to a virtuous cycle of development. The committee, chaired by the Prime Minister, comprises the Deputy Prime Minister, Presidents of the nine Regional Governments; Addis Ababa and Dire Dawa Mayors; 2 PMO representatives and 10 Federal Ministries. The Ministries include Trade and Industry, Peace, Agriculture, Urban Development and Construction, Labor and Social Affairs Innovation and Technology; Water, Irrigation and Electricity; Mines and Petroleum; Tourism and Culture; and Science and Higher Education.

The national committee will ensure the creation of sustainable and decent work by aligning policy and institutional systems. It will also play a leading role in securing and expanding investments closely and ensure the implementation of plans to increase investments and job creation. The committee is also set to coordinate for effective outputs, the work of Federal and Regional entities and other stakeholders in creating a conducive investment environment to accelerate job creation.

Every year between two to three million youth enter the employability age range and add to Ethiopia's human resource the talent pool, the PM's tweet noted; adding, while Ethiopia's economic performance is progressive, more work needs to be done to create a conducive investment climate towards job creation.

The Doing Business Initiative and committee led by PM Abiy has 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 in a year's time. Key sectors identified and given special focus to accelerate job creation nationwide include agriculture, mining, tourism and IT.

The National Committee will meet every two months to evaluate progress and follow-up on issues requiring immediate action to unlock performance, the PM's tweet noted.

Source (Including Image): Twitter Page of the Office of the Prime Minister - Ethiopia