Ministry To Establish National Youth Fund
Addis Ababa, August 23, 2002 (WIC)- The Ministry of Youth, Sports and Culture disclosed
that studies were being finalized to establish national Youth Fund as part of efforts to help
empower the youth economically.
Speaking at the end of a two day symposium yesterday that deliberated on the problems of
the youth and their solutions, Minister of Youth Sports and Culture, Ambassador Teshome
Toga said the fund would be used to extend loans to the youth.
According to the Minister, loans will be made available to the youth through micro financing
institutions to encourage the youth to create self-employment jobs.
The Youth Fund could be used to mobilize the youth and other volunteers in capacity building
schemes, literacy campaign and information exchange, he said.
Also speaking at the closing of the symposium, Country Director of the symposium sponsor
organization, Packard Foundation Sahilu Haile disclosed that the Foundation would earmark up
to 300,000 U.S. Dollars as a contribution to the Youth Fund.
He said the his Foundation contribution could be used to finance pilot projects.
The participants at the symposium had also emphasized the need to reorient the youth
towords developing work ethics and self reliance.
They urged schools to produce creative, innovative entrepreneurial youth and to aggressively
execute the education policy.
The participants also emphasised the need to address the problems of family planning and
Meanwhile, according to the policy objectives of the Ministry, social mobilization programs
were under preparation to aggressively engage the youth in the fight against the spread of
It said consultations were underway to coordinate the efforts of governmental and
non-governmental organizations as well as private institutions to bring about a difference in
the spread of HIV/AIDS.
According to the document, the Ministry has finalized the first phase of the study on the
identification of major problems of the youth across the country that will also contribute to
addressing the pandemic.
The Ministry noted that it is resolved to empower the youth by promoting their participation
in the country’s democratisation, development and capacity building programs.
The two-day symposium was organized by the Ministry, in cooperation with Packard
Foundation and Walta Information Center.