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Govt look to EU for job creation

Govt look to EU for job creation
European Union delegates

EU pump P64 million into three-year project

In an attempt to improve the ease of doing business in Bots, while simultaneously seeking to ease the country’s crippling unemployment levels, the Ministry of Investment, Trade and Industry are working closely with the European Union (EU).

The three-year initiative, dubbed ‘Support Programme for Job Creation and Investment Climate’, is fully funded by the EU to the tune of five million Euros (approximately P64.5 million).

It has been running since last June, when unemployment reached a staggering 24.9 percent – that’s almost one in four!
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