New vision: Omani government to train 10,000 job seekers
As part of the policy to focus on job-oriented schemes, Oman’s government will spend around RO26.8mn to provide training for more than 10,000 job seekers in 2020 and 2021.
The sultanate’s 2020 budget framework aims to enable the private sector to play a greater role in the development projects and create more job opportunities for Omani youths.
As part of its endeavour to regulate the labour market and utilise youth capacity to spur growth and development, the government has taken several measures.
In order to bridge the skillsgap between education and job market needs through human capacity-building, and as part of the government’s policy to enhance the skills of job seekers, the National Training Fund was established in 2017 pursuant to Royal Decree 48/2016.
The fund has since then provided 9,110 job opportunities under training linked with employment schemes.
As many as 3,310 trainees have already graduated while 5,800 are still undergoing training. ‘The cost of the training, conducted by the National Training Fund, amounted to RO27.3mn by the end of 2019.
According to the fund’s plan, 10,000 will be trained in 2020 and 2021, at a cost of RO26.8mn,’ the 2020 budget statement issued by the Ministry of Finance said.
In 2019, the National Centre for Employment was established with the aim to employ the national manpower. This centre commenced its operations on January 1, 2020 by focusing on the main job-generating sectors, according to the budget statement.
As per the 2020 budget statement, the spending on investment projects, particularly job creation projects that have economic returns, is expected to reach RO5.3bn. Of this, RO2.7bn will be paid by state-owned enterprises for service and industrial projects, whereas an amount of RO1.3bn will be spent by various government entities for infrastructure projects. In addition, an amount of RO1.3bn will be allocated for oil and gas production. ‘These projects will eventually help in generating more job opportunities,’ the budget statement added.
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