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Somalia’s Minister of Labour and Social Affairs, Yusuf Mohamed, recently participated in the World Bank and Global Labor Market Conference (GLMC) held in Riyadh, Saudi Arabia. The high-profile event brought together 40 labor ministers and representatives from over 100 countries to discuss the future of labor regulation and policy in an increasingly dynamic global environment.
The two-day conference served as a platform for meaningful discussions on the challenges and opportunities presented by evolving labor markets. Among the key highlights was the announcement of a new three-year partnership aimed at modernizing labor regulations to meet the demands of the 21st century. This collaborative initiative focuses on addressing technological advancements, shifting employment landscapes, and evolving work patterns.
Minister Yusuf Mohamed played an active role in the discussions, emphasizing Somalia’s commitment to fostering an inclusive and dynamic labor market that caters to the needs of its expanding workforce. His contributions highlighted the importance of implementing labor market reforms, creating equitable employment opportunities, and strengthening social protection systems to achieve Somalia’s long-term development goals.
Recognizing the need for international collaboration, the minister engaged with global partners to explore innovative strategies for addressing pressing labor market challenges. The conference provided a valuable platform for nations to share best practices and experiences in labor policy formulation, social welfare enhancement, and sustainable economic growth.
Somalia’s participation in the GLMC underscores the government’s proactive approach to engaging with international stakeholders and aligning its labor policies with global trends. Minister Yusuf Mohamed noted that Somalia is keen on leveraging these international partnerships to adopt forward-thinking labor policies that ensure job security, fair wages, and inclusive opportunities for all citizens.
The discussions at the conference were not only forward-looking but also focused on immediate solutions for current labor market concerns. Topics such as the impact of automation, the gig economy, and digital transformations were central to the dialogue. Participants agreed that comprehensive and adaptable labor regulations are essential to fostering sustainable growth and protecting workers’ rights.
The conference further emphasized the importance of social protection systems as a safeguard for vulnerable populations in volatile economic conditions. Somalia’s efforts to strengthen these systems were acknowledged as a critical step in supporting its citizens and promoting economic resilience.
As Somalia continues to recover from decades of instability and economic challenges, the government recognizes the importance of aligning its labor policies with international best practices. Participation in events like the GLMC is a testament to the country’s dedication to improving its workforce landscape and creating an environment conducive to economic growth and stability.
The global event concluded with a renewed commitment from all participating nations to prioritize labor market reforms and social protection systems in their respective countries. Somalia’s involvement and proactive stance at the conference position it as a key player in the ongoing efforts to modernize labor policies and adapt to the changing global landscape.
By engaging in these international dialogues, Somalia aims to build a resilient and inclusive economy that provides sustainable opportunities for its growing workforce. The collaboration and knowledge exchange at the GLMC mark an important milestone in Somalia’s journey toward a more equitable and dynamic labor market.