News
Foreign jobs: growing mismatch between SL supply and global demand: World Bank
Too many housemaids, too few skilled workers
By APSARA RODRIGO
ECONOMYNEXT –There are indications of a growing mismatch between recruitment of Sri Lankan workers (supply) and global job vacancies (demand) in foreign employment, with increasing supply shortages – especially for skilled jobs, a World Bank report shows.
“You have overseas workers that are sending remittances to Sri Lanka; however there is a difference in their skills,” Shobana Sosale co-author of the World Bank report, ‘Enhancing Skills in Sri Lanka for Inclusion, Recovery, and Resilience’, said at its launch this week.
“Job vacancies for foreign employment have been stable. Yet supply has been falling faster than demand,” according to the report, which cites government-registered sources. “The mismatch exists across all skill levels and has been growing evenly over the years, but it is much higher for skilled workers, for whom only 10 percent of job vacancies were filled in 2022, up from five percent in 2020 and 2021.”
According to the report’s findings, only five per cent of 700,000 foreign vacancies available could be filled. “Few workers enter the job market with appropriate skills training.” Housemaids were in greater supply, with approximately 17 percent in 2020 and 11 percent in 2021.
Sri Lanka has been promoting migrant workers who are a major source of forex for the cash-strapped country. The national foreign employment policy does focus on investing in a skilled workforce, to wean itself from dependence on remittances from low-skilled workers, through vocational and professional training, the report said.
“The Foreign Employment Bureau advices all workers to receive NVQ through the recognition of prior learning route or by attending training courses at a training institute,” the World Bank report pointed out. “This approach is to ensure that workers have qualifications of internationally verifiable standards for their employment in both domestic and high-income countries.”
To become globally competitive, Sri Lanka’s workforce must gain the technical competencies and higher-order cognitive skills needed in domestic and foreign labour markets.
Business
“ViYASA” National Business Facilitation Centre (NBFC) to be opened tomorrow (22)
The National Business Facilitation Centre (NBFC), which is being established under the Presidential Secretariat with the aim of removing administrative and regulatory barriers that exist among government institutions in relation to investment and industry and expediting these processes, will be opened tomorrow (22).
The centre is being established on the President’s initiative with the aim of bringing about a positive transformation in the industrial sector. The centre will provide solutions to issues that arise in dealing with the government machinery when starting and operating a business, while also coordinating with the relevant government institutions to provide the necessary facilities.
The “ViYASA” National Business Facilitation Centre (NBFC) has been established at Building C-80, Hector Kobbekaduwa Mawatha, Colombo 07, and is headed by Senior Additional( Secretary to the President, Seevali Arukgoda.
The centre will be opened under the patronage of Minister of Labour and Deputy Minister of Finance and Planning Dr Anil Jayantha Fernando and Minister of Industry and Entrepreneurship Development Sunil Handunnetti, with the participation of Secretary to the President Dr Nandika Sanath Kumanayake.
The website https://nbfc.presidentsoffice.gov.lk is also scheduled to be officially launched on the occasion.
President’s Media Division)
Latest News
Court of Appeal Judge M. Sri Mevan Anthony Edirimannasuriya Corea appointed as Acting President of the Court of Appeal
President Anura Kumara Dissanayake has appointed Court of Appeal Judge Mayadunna Sri Mevan Anthony Edirimannasuriya Corea as the Acting President of the Court of Appeal.
The appointment has been made as President’s Counsel Nalin Rohantha Abeysuriya, who currently serves as President of the Court of Appeal, will be overseas until the 24th.
Accordingly Judge Mayadunna Corea was sworn in as Acting President of the Court of Appeal before President Anura Kumara Dissanayake at the Presidential secretariat this morning (21).
Secretary to the President Dr Nandika Sanath Kumanayake was also present at the occasion.
(President’s Media Division)
Latest News
President instructs expediting further measures concerning Sivarasa Anojan, sentenced to death in Saudi Arabia
A discussion to review the further measures that could be taken regarding Sivarasa Anojan, a young Sri Lankan national who has been sentenced to death in Saudi Arabia, was held at the Presidential Secretariat this afternoon (21), under the patronage of President Anura Kumara Dissanayake.
The discussion focused on the measures taken to date concerning Sivaraasa Anojan and the further diplomatic and legal steps that could be pursued. Attention was also given to expediting the necessary further measures that could be taken to secure his release.
President Anura Kumara Dissanayake instructed officials to continue the necessary diplomatic engagement with the relevant authorities in Saudi Arabia and to maintain close and continuous involvement in all further measures concerning the case.
Reaffirming the Government’s continued attention to the safety and welfare of Sri Lankans living and working overseas, the President also stressed the need for the relevant ministries and institutions to work in close coordination and pursue all possible measures that could be taken in connection with the case.
Deputy Speaker Rizvie Salih, Deputy Minister of Religious and Cultural Affairs Muneer Mulaffer, Governor of the Western Province Hanif Yusoof, Secretary – Ministry of Foreign Affairs, Foreign Employment and Tourism Aruni Ranaraja, Secretary to the Ministry of Defence Air Vice Marshal Sampath Thuyacontha (Retd), Attorney General Parinda Ranasinghe and officials of the Ministry of Foreign Affairs, Foreign Employment and Tourism were also present at the discussion.
(President’s Media Division)
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