USAID help to generate jobs

Economic Development Minister Basil Rajapaksa with USAID
officials
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Support from the U.S. Agency for International Development (USAID)
project Connecting Regional Economies (CORE) has increased income for
over 14,000 households in the Eastern Province, Anuradhapura and
Moneragala districts through business training and the introduction of
new farm technologies and crops. On December 16, USAID – the U.S.
Embassy’s development arm – hosted a seminar with the Ministry of
Economic Development to review CORE as it nears completion.
Beneficiaries shared their results with an audience that included
Minister Basil Rajapaksa, community groups and relevant stakeholders.
Since 2008, CORE has partnered with private sector companies to train
and place unemployed youth in jobs with long-term career potential.
As a result, youths have gone on to work in tourism, information
technology, boat building, manufacturing and other industries.USAID/Sri
Lanka Mission Director Jim Bednar observed, “We see a focus on
mobilising the private sector as the main engine for growth, job
creation, and income generation. At USAID, we look forward to continuing
our work together to develop the Sri Lankan private sector and improve
the competitiveness of Sri Lankan goods and services.”CORE promoted an
improved business climate through stakeholder dialogue, and helped
attract 514 million rupees in direct private sector investment to target
areas, along with 660 million through other donors.
In a period of just three years, CORE linked thousands of farmers to
distant markets, thus providing new and more lucrative places to sell
their goods.CORE pioneered innovations such as farmer-owned-and-operated
cyber centres to strengthen access to Department of Agriculture services
that provide up-to-date market information. This allows farmers to get
the best prices for their products. Moneragala farmer T.M. Anulawathie
commented, “Assistance from the CORE project has resulted in a cyber
centre being set up in our village. We now access new agriculture and
livestock information via the krushilanka.lk web portal. It is a step
forward for us to develop our village.”
In addition, to help break the farmer debt cycle, CORE worked with
the Sri Lankan Government and the World Bank to introduce warehouse
receipt financing, which lets farmers use harvests as loan collateral
and empower them to decide to whom and when they sell.The American
people, through the U.S. Agency for International Development, have
provided development and humanitarian assistance in developing countries
worldwide for nearly 50 years. Since 1956, the U.S. Government has
invested over $2 billion to benefit all the people of Sri Lanka.Events
An exhibition, a documentary screening and presentation by Izzeldin
Abuelaish to commemorate the third anniversary of the Israeli war on
Gaza was held at the Russian Cultural Centre Colombo, yesterday.
It was organised by the State of Palestine in association with the
Sri Lanka Committee for Solidarity with Palestine. |