For some time, Pakistan has had a TVET system that doesn’t match its requirements. There’s no systematic approach to monitoring labour market demand.
As a result, there’s a complexity of issues including economic demand, under utilisation of facilities, lack of autonomy, and informal sector training. Millions of young Pakistanis enter the job market annually but lack relevant skills.
The EU injects 45 million to support TVET
The European Union (EU) remains the biggest donor in Pakistan, providing $45 million Euro to support national level projects in the TVET sector.
With a focus on equipping youth with employable skills, a third programme (TVET III) will start this month. Over the next five years, a strong foundation for a modernised TVET system will be laid, driving TVET training to 48,500 people – 30% of which will be women.
Local bodies are taking action to upskill labour to match the expected economic growth. Technical Education and Vocational Training Authority (TEVTA) is offering skill training to unemployment youth in its 16 centres.
Pakistan’s first-ever National Vocational Qualification Framework has been finalised, with more than 100 curricula developed in the areas of agriculture, energy and services.
There are few countries with young people making up 60% of its population. This is where Pakistan stands out. If explored to its full potential, the country’s youth can be the answer to a better economy.
Running alongside the first TVET policy are other components, including teachers undergoing training, the Fund for Innovative Training, two training centres in small farming techniques, job placement and vocational counselling centres, plus the first ever International TVET Conference Pakistan held late last year.
Economic future linked to rebooting TVET
With a steadily growing workforce of 2.0% each year, 1.26 million jobs will need to be added to absorb this growth.
But one of the answers can be brought back to the young people, under programs like the Youth Business Loan Scheme and Interest-Free Loan Scheme. Entrepreneurs between the ages of 21-45 years are being provided subsidised financing through designated financial institutions and disbursement is Rs 10.5 billion to over 10,000 youth.
Under this scheme, young people are not only creating employment for themselves by establishing their own businesses, but also creating job opportunities for others.
Pakistan is a strong example of a nation utilising their strengths – natural resources and a high youth population – to build their position. A qualified, diverse workforce is the answer that equally covers performance, gender, age, ethnicity and educational backgrounds.
If you’d like support with TVET strategies or to gain insight into international opportunities, please email Wendy Perry on email@example.com.