PROMOTE SUSTAINED, INCLUSIVE AND SUSTAINABLE ECONOMIC GROWTH FULL AND PRODUCTIVE EMPLOYMENT AND DECENT WORK FOR ALL.

This goal is about creating decent jobs and economic opportunities for everyone.

Why does SDG8 matter to Timor-Leste?

Relevant Target for
Timor-Leste

8.1 sustain per capita economic growth in accordance with national circumstances, and in particular at least 7% per annum GDP growth in the least-developed countries

8.2 achieve higher levels of productivity of economies through diversification, technological upgrading and innovation, including through a focus on high value added and labour-intensive sectors

8.3 promote development- oriented policies that support productive activities, DECENT JOB CREATION, entrepreneurship, CREATIVITY AND INNOVATION, and encourage FORMALISATION and growth of micro-, small- and medium- sized enterprises including through access to financial services


8.4 improve progressively through 2030 global resource efficiency in consumption and production, and endeavour to decouple economic growth from environmental degradation in accordance with the 10-year framework of programmes on sustainable consumption and production with developed countries taking the lead

8.5 by 2030 achieve full and productive employment and DECENT WORK FOR ALL WOMEN AND MEN, including for young people and persons with disabilities, and EQUAL PAY FOR WORK OF EQUAL VALUE


8.6 by 2020 substantially reduce the proportion of YOUTH not in employment, education or training


8.7 take immediate and effective measures to secure the prohibition and elimination of the worst forms of CHILD LABOUR, eradicate FORCED LABOUR, and by 2025 end child labour in all its forms including recruitment and use of child soldiers


8.8 protect labour rights and promote SAFE AND SECURE WORKING ENVIRONMENTS of all workers, including migrant workers, particularly women migrants, and those in precarious employment


8.9 by 2030 devise and implement policies to promote SUSTAINABLE TOURISM WHICH CREATES JOBS, PROMOTES LOCAL CULTURE AND PRODUCTS


8.10 strengthen the capacity of domestic financial institutions to encourage and to expand access to banking, insurance and financial services for all

8.a Increase Aid for Trade support for developing countries, in particular least developed countries, including through the Enhanced Integrated Framework for Trade-related Technical Assistance to Least Developed Countries

8.b By 2020, develop and operationalize a global strategy for youth employment and implement the Global Jobs Pact of the International Labour Organization

Timor-Leste has been able to create jobs, but this has largely been due to expansion of the public sector. Timor-Leste is the second country in Asia, after Afghanistan, to have a large proportion of youth. 66% of the population is under 25 years old, this represents a challenge and also a great opportunity. Both the need to level off public sector expansion and to seize the youth bulge means that supporting the development of sustainable jobs in the private sector is now more urgent than ever, to take advantage of the potential of a demographic dividend to accelerate growth and prosperity, and to avoid the possible negative social impact of a large and growing number of unemployed youths and adults.

Timor-Leste needs to develop new engines of growth powered by the private sector to continue its upward development trajectory. To ensure the private sector in Timor-Leste grows and reaches its full potential, the government has an essential role to play by ensuring that Timor-Leste’s connective infrastructure being put in place and planned supports jobs creation .

An economic policy that focuses on continuing to remove critical, nationwide constraints for business to operate more easily, developing sound sectoral regulatory regimes and investing resources in key sectors in partnership with private companies, will enable the private sector to lead the way in market development, with the public sector providing an essential, facilitating and regulatory role.

The prioritized policy areas under this pathway are:

  • Identifying an economic strategy to sustainably increase private sector growth
  • Strengthening the legal foundations of a market economy
  • Increasing productivity in agriculture, fisheries and forestry
  • Developing a skilled labor force and promoting entreprenuership

OTHER RELEVANT INTERNATIONAL AGENDAS

  • Sendai Framework for Disaster Risk Reduction 2015-2030
  • Financing for Development
  • Habitat III
  • Agenda 21 for Culture