World Bank Approves $100 Million Loan for Skills and Job Project to Enhance Employment Opportunities

On March 30, 2015, the World Bank's Group of Executive Directors approved a significant loan of $100 million for the Skills and Job project in Kazakhstan. This initiative is designed to address the pressing need for skills development among various segments of the workforce, including the unemployed, those who are unproductively self-employed, and employees seeking further training. The overarching goal of the project is to enhance the employability of the Kazakh workforce, thereby contributing to the country's broader economic development objectives. By investing in training programs, the project aims to equip individuals with the necessary skills to meet the demands of the labor market, ultimately fostering a more competitive and productive economy. This collaboration with the World Bank underscores Kazakhstan's commitment to improving its human capital and ensuring sustainable economic growth through targeted skills development. #mooflife #mof #MomentOfLife #WorldBank #Kazakhstan #SkillsDevelopment #JobTraining #EconomicDevelopment