Tipeeg project has created 87 000 jobs since 2011
11 Jul 2014 15:00pm
WINDHOEK, 11 JUL (NAMPA) The Targeted Intervention Programme for Employment and Economic Growth (Tipeeg) has created nearly 90 000 jobs since its inception in 2011, preliminary figures show.
The Director-General of the National Planning Commission (NPC), Tom Alweendo indicated at a media briefing in the capital on Thursday that Government has so far managed to create 87 000 jobs out of the originally-targeted 104 000 jobs.
Tipeeg came into being in 2011 as a measure to curb unemployment in the country, and to ultimately address poverty.
The three-year programme was an attempt to arrest the persistent unemployment rate of 51,2 per cent officially released by the Ministry of Labour in 2008, as well as to address social and economic imbalances in the economy.
A total of N.dollars 14,1 billion was allocated towards implementing that programme.
The programme came to an end in March this year, and the NPC is still to publish the final number of jobs created by the project over the past three years.
The project has worked. We managed to create short and long-term employment, Alweendo said, reiterating that the final figure will be announced at a later stage.
The final information will also reveal which sectors the Tipeeg funds were spent on.
Tipeeg has been criticised by many, with people citing the poor execution of the programmes budget in reaching its blueprint aim of 104 000 jobs.
The programme was also criticised for creating mainly short-term jobs, despite the huge amount of money spent on it.