Economic Transformation Strategy slide image

Economic Transformation Strategy

CHAPTER 2 / BROAD STRATEGY FOR DEVELOPMENT GOAL 3: A PRODUCTIVE AND SKILLED LABOUR FORCE TO SUPPORT SOCIO-ECONOMIC TRANSFORMATION. In the pursuit of sustainable development, it is important to achieve full and productive employment and decent work for all (SDG 8). Ensuring this will require an efficient labour market, a well-trained workforce with opportunities for lifelong learning, and upgrading of skills. Strategies 3.1 Develop an efficient and effective labour market. The recently developed human resource strategy which responds to the needs of Vision 2033 will be implemented for Seychelles to have an efficient and effective labour market. The focus will be placed on aligning the country's human resources with the changing demands of the labour market. It is important for planners to think strategically about the skills required and number of employees within priority areas over the medium to long-term, particularly to address and support the government's drive to diversify the economy. 3.2 Manage and upskill the labour force. For the successful implementation of Vision 2033, the development of a skilled workforce in Seychelles will be required to satisfy the needs that will emerge from knowledge-based industries, such as the blue economy. It is thus critical to ensure there are sufficient opportunities for training knowledge-based workers as well as continuous workplace development and lifelong learning. A renewed focus to improve the quality of basic education in science, technology, engineering and mathematics (STEM) fields and strengthening the linkage with productive sectors at technical and vo- cational education and training (TVET) and tertiary levels of education is fundamental to achieving this goal. Moreover, the National Labour Migration Policy will be used to ensure that Seychelles has a robust national strategy to better manage labour migration and labour migration flows, and as well as to ensure effective protection of migrant workers' rights while making sure that social cohesion in Seychelles remains secure. Key indicators and targets People at the centre of development Indicator Data Source Baseline Target Human Development Index (HDI) United Nations Human Capital Index (HCI) Development Programme World Bank Score 0.797, Ranked 62/189 (2018) Score 0.85 Score 0.68, Ranked Score 0.75 43/157 countries (2018) 55
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