Gov’t created over 2.3 million jobs in private, public sectors – Ofori-Atta

Finance Minister, Ken Ofori-Atta has said government is determined to do more to boost the capacity of the country’s private sector to ensure the expansion of productivity and create jobs.
According to Mr Ofori-Atta, in the past 7 years, the Akufo-Addo-led government has “invested GHS32.7 billion” to promote and support the growth of businesses in the country.
Touting the achievements, of government in the presentation of the 2024 Budget in Parliament, Wednesday, 15 November 2023, the Finance Minister revealed government has “invested GHS25.3 billion to facilitate the repositioning of the financial sector and enhance its ability to assist business operations.
“To date, the Development Bank Ghana has facilitated GHS1 billion in competitive financing for the private sector, and GIRSAL continues to mitigate risks in the agriculture sector;”
Also, government has provided support to “100,000 young graduates to secure workplace experience and employment by investing GHS2.4 billion in NABCO and “invested GHS7.1 billion to build road and transport infrastructure to improve connectivity and productivity.”
While, “GHS541.5 million” has been invested in “169 1D1F enterprises to scale-up valueaddition and provided 140,000 additional jobs.”
In addition, government has created over “2.3 million jobs in the private and public sectors” which is approximately 900,000 in the private sector and 1.4 million in the public sector.
Source: classfmonline.com/Elikem Adiku
Trending Business
MDF forum pushes for mineral revenues to benefit mining communities
09:38MPs assure Zoomlion of gov't's prompt debt settlement
11:24GoldBod begins licensing of gold trading service providers
11:48President Mahama appoints Capt. James Richmond Quayson as the Director of Takoradi Port
13:10Replicate Kwahu Business Forum nationwide- UCC don to Mahama
09:27Better Ghana Alliance rebuts DPPF’s hailing of KGL as Africa’s top lotto company
09:13New policies will hurt mining sector growth - Minority to gov’t
08:27Ato Forson leads Ghana to participate in first IMF /World Bank Spring Meetings in Washington DC
02:50SIC Insurance courts GPHA to expand insurance partnership
01:14Mahama urges Africa to leverage global shifts for economic tansformation
11:07