The government and the World Bank have signed a $120 million budget support agreement to improve quality market-relevant skills in selected economic sectors.
The 3-year Priority Skills Program for Growth (PSG) project will focus on high priority economic sectors including energy, transport & logistics and manufacturing with a focus on Made-in-Rwanda products.
Claver Gatete, the Minister of Finance and Economic Planning, and Yasser El Gammal, the World Bank Country Manager for Rwanda, signed the agreement.
“The program will ensure provision of quality skills that are market-relevant for sustained employability,” Gatete said.
The program will reinforce the management of the skills development system; ensure the provision of quality training programs with market relevance; and expand opportunities for continuous upgrading of job-relevant skills for sustained employability.
It will be implemented by the newly created Capacity Building and Employment Service Board (CESB) and the ministry of education with the support of the Rwanda Development Bank (BRD), the Higher Education Council (HEC), Rwanda Polytechnics (RP), the University of Rwanda and the Workforce Development Authority (WDA).