THE second phase of the Presidential Employment Stimulus Programme (PESP) will include the establishment of a new Social Employment Fund, which aims to support 50 000 work opportunities for common good in communities provided by organisations outside of the State.
It will also include the establishment of the national Pathway Management Network as part of the Presidential Youth Employment Intervention, Minister in the Presidency Mondli Gungubele said during a briefing on October 14.
The first phase of the PESP has, thus far, created 551 000 jobs against a target of 694 120. Some Phase 1 programmes are, however, still in implementation.
The main objective of the stimulus is to use public investment to create jobs rapidly and at scale to provide support to those who need it most.
In addition to creating jobs and supporting incomes, the stimulus aims to support local economic recovery by providing a wider stimulus for consumer
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