President says government plans to kick-start a project which will create thousands of jobs for the country’s youths.
Mutharika said this in Parliament on Friday when he delivered a State of the Nation Address at the start of the 2017/18 budget session of Parliament.
Mutharika’s sentiments come at a time when thousands of youths continue to graduate from various university colleges every year though the economy is creating a handful jobs.
“In the coming financial year, government, with support from development partners, will establish the Jobs for Youth Project. This project will provide entrepreneurship training and start-up capital to our youth to venture into businesses.
“The project has lined up a number of initiatives that will create thousands of jobs for the youth. It is important for me to stress that job creation and youth empowerment are at my heart because the youths means everything for the future of this country,” Mutharika said.
He added that the African Development Bank has committed to generate 25 million jobs for the youth in the next five years to which Malawian youths will also benefit.
According to the Malawi Labour Force Survey of 2013, about 73 percent of youths aged between15 and 24 are employed.
A recent paper by the Department of Political and Administration Studies (PAS) at Chancellor College of the University of Malawi said agriculture remains key to addressing the rising challenge of youth unemployment in the country.
The policy brief authored by Professor Blessings Chinsinga, and Michael Chasukwa, said though there have been efforts by Capital Hill to address chronic youth unemployment, the problem persists because most of the efforts have been divorced from the agricultural sector.
According to the brief, the apparent neglect of the agricultural sector has been reinforced by the fact that both the initial and revised versions of the youth policy have not made an explicit linkage between having a vibrant agricultural sector and youth empowerment.
“Our politicians are simply looking at agriculture as a means of growing maize for purposes of ensuring food security for their political survival and not as a tool of transformative development,” reads the brief in part.