Funding Required to Support Adult Learning to Ensure Acquisition of New Skills for Evolving Jobs
- The Ministry of Education noted that in 2021, the Government spent nearly $1.2 billion on skills training for the workforce, a 40% increase from $0.8 billion in 2019, excluding COVID-19-related support.
- Funding required for lifelong learning per adult varies based on individual factors such as aspirations, learning ability, work nature, and industry, and is not a fixed amount.
- The Government plans to continue investing in Continuing Education and Training and collaborate with industry and workers to ensure the system remains responsive to evolving job and skills needs.