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US+%24+100+m+ADB+loan+to+revamp+technical+education
Wednesday, 02 April 2014 - 17:13
US $ 100 m ADB loan to revamp technical education
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The Asian Development Bank’s Board of Directors approved a 100 million dollars loan to help the Sri Lankan government revamp its Technical and Vocational Education and Training which will equip youth with skills for the job market.

The program will support the government’s skills sector development program which aims to improve the employability of youth.

The skills mismatch has become even more evident during the recent period of economic growth as both education and TVET systems have not been able to adapt to the rapid labor market shifts.
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