2022 budget: Grow agric, manufacturing sectors concurrently to create jobs – UG lecturer

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A senior lecturer at the Department of Economics at the University of Ghana, Dr Priscilla Twumasi Baffour has asked the government to grow the agric and manufacturing sectors of the local economy simultaneous in order to create the right jobs for the teeming youth.

She explained during the pre-budget analysis on TV3 Wednesday November 17 that a buoyant agric sector will ensure that the manufacturing sector has raw materials to operate with.

If, for instance, the manufacturing sector, is develop above the agric sector there will not be enough locally-produced raw materials to feed the industry, she explained.

“You are not creating enough jobs in the agriculture sector because you are mechanizing it , you do not have a lot of people in there. When you look at developed countries , you can take the USA, Canada  for example, less than two percent  of the population is into agriculture  but they are able to produce  to feed themselves and export  because the whole process is merchandised  and when that is done. So I am saying that with Planting for food and jobs and those initiatives, those are the kinds of  things that we expect government  to be investing in  so that it is not as usual, let us give them fertilizer, employ more labourers on the  farm field.

“We need to move a step ahead in adding value to the price that come  out of the agricultural sector and that moves us  into light manufacturing  in the manufacturing sector.

“When you are able to do that the agric sector feeds  the industrial sector  and that is where massive jobs  are created  and that is where the jobs that a lot of the young people  are looking for can be provided.”

Meanwhile, Information Minister Kojo Oppong Nkrumah has said that several measures have been taken by the Akufo-Addo administration to ensure food prices stability in Ghana.

Speaking in an interview with TV3’s Nana Akua Aborampah Mensah ahead of the 2020 budget presentation on Wednesday November 17, he said “To the extent that storage and privatize production  and sale and market pricing  operate , you will find that even the prices  differ from market to market  though you may see a general trend  But I think you can also agree  that there is a lot that has been  done in terms of boosting  local food production  and expected to come along in the increase I  local food productions , stabilsation of the prices.

“ The warehousing system that can store  a lot of the products  so that you don’t have shortage  at some times and  abundance at another time  which will cause price flucatuations  and you have seen the number of warehouses  that have been put up across the country  and handed over to the various  assemblies or the agencies .

“So over time  we should expect that there will be some more stability  in that area  if we follow the trend of  things we are doing

“Generally, some more works need to be done  to ensure  that that stability that we are talking about , that stability doesn’t just come , it is about what are we doing to ensure that what we all want happen  and what we need to do is to ensure  that the warehousing system  works,  is to ensure that the support to the farmers  is not cut at any point in time , fertilizer etc.”

By Laud Nartey|3news.com|Ghana