Global Shift in Employment Strategies: A Call for Collaborative Action
Finance Minister Nirmala Sitharaman emphasizes the urgent global need for job creation amid technological and economic shifts. She urges the World Bank to collaborate with countries to identify high-priority skilling sectors, emphasizing a comprehensive, multi-sectoral analysis to balance job loss and creation while considering geopolitical impacts.
Devdiscourse News Desk | Washington DC | Updated: 25-10-2024 08:50 IST | Created: 25-10-2024 08:50 IST
- Country:
- United States
Finance Minister Nirmala Sitharaman has highlighted job creation as the most critical global issue amid ongoing economic challenges and rapid tech changes.
Speaking at a World Bank plenary, she urged collaboration to pinpoint key skilling sectors for employment generation, emphasizing a multi-sectoral approach to grasp emerging trends.
Sitharaman also met Rachel Reeves, UK Chancellor of the Exchequer, to discuss bilateral issues and anticipate future economic dialogues.
(With inputs from agencies.)
Advertisement
ALSO READ
Latin America and the Caribbean to Grow 1.9% in 2024, Says World Bank, Highlighting Need for Structural Reforms
India's Economic Surge: World Bank, IMF, and ADB Elevate Growth Forecasts
World Bank Approves Fund to Propel Ukraine's Financial Support
World Bank Greenlights New Fund to Support Ukraine Amid Russian Tensions
World Bank Approves New Financial Support Fund for Ukraine