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…Job creation, poverty reduction to top discussions at summit

The event will witness the release of  World Economic Outlook on Tuesday, October 7th at the venue of the meeting.  According to event briefs, over…

The event will witness the release of  World Economic Outlook on Tuesday, October 7th at the venue of the meeting.  
According to event briefs, over the next decade, one billion people will enter the job market –the global economy will need to create 5 million jobs, each month, simply to keep employment rates constant. The brief said securing good jobs for youth is a global priority.
“This event will unveil a global initiative that addresses the pervasive challenge of youth employment and underemployment. It is closely associated with the World Bank Group’s ambitious goal: to eliminate extreme poverty and to boost shared prosperity for the bottom 40 percent by 2030.”
“For the first time, this partnership will link the relevant actors from different spheres-governments, corporate actors, international organizations and civil society-to generate and share learning about what works, and to leverage this shared understanding through increased investments in proven solutions.”
Discussants at the meeting titled: Building a Global Coalition for Youth Employment; Ahmad Alhendawi, United Nations Secretary-General’s Envoy on Youth, United Nations;  Azita Berar Awad Director, Employment Policy Department, International Labour Organization; Susanne Hoffmann Director-General, European and International Employment and Social Policies, Germany among others.
Global Financial Stability Report (GFSR) will also be launched subsequently.

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