A Deputy Minister of Finance, Dr John Kumah has highlighted the interventions undertaken by the Akufo-Addo administration to create wealth and jobs for the Ghanaian youth.
He also stated that the government is leveraging on E-levy which he said generated GHC 1.19 billion in 2023 to inject more capital into the businesses of Medium and Small scale enterprises (MSMEs) in Ghana.
Dr John Kumah said these on Wednesday, 21st February 2024 when he attended the media launch of the 2024 Wealth and Jobs Expo.
The event was chaired by Dr. Ernest Ofori Sarpong CEO of Special Ice and in attendance was, H.E. Michael A. Oquaye Jnr – CEO of Ghana Free Zones Authority, Mrs Jemima Oware– Registrar General, H.E. Ahmed Hassan, Ambassador at Large Chairman of the Advisory Board, David Asante-Apeatu I.G.P. (Rtd.) Ghana Police Service among several others
The Expo being led by the private sector is designed to invoke the spirit of wealth creation and the development of sustainable jobs for the Ghanaian youth.
As a deputy Minister incharge of wealth creation, he said “I guarantee the acceleration of many more innovative programmes to tackle the unemployment situation in the country.”
“The Ghana Statistical Service on Wednesday announced that about 1.5 million Ghanaian youth are unemployed. Last year, E-levy generated GH¢1.19 billion and as part of dealing with the job situation… unemployment situation, government has committed funds through YouStart from this E-levy sources…to GEA and NEIP to address the unemployment situation in the country, and I am happy to announce that institutions like Wealth and Jobs Expo and all private groups that are willing to help create jobs in the private sector will also be supported to help create jobs and businesses in the private sector,” he said.
