The Minister of Finance, Ken Ofori-Atta has revealed that government has created some 2.3 million jobs in both the private and public sectors.
Breaking this figure down further, Mr. Ofori-Atta said the private sector has seen the creation of 900,000 jobs while the public sector has benefited from the 1.4 million jobs created.
Presenting the budget statement and the government’s economic policy for 2024, the finance minister said it is important to note that it has been seven years of grace and positive impact and government is determined to do more to boost the capacity of the private sector to expand productivity and create more jobs.
“Mr Speaker, we have Invested GH¢541.5 million in 169 1D1F enterprises to scale-up value- addition and provided 140,000 additional jobs and created over 2.3 million jobs in the private and public sectors”.
The Finance Minister also added that, in the past seven (7) years, government has invested GH¢32.7 billion to keep the lights on and support the growth of businesses, invested GH¢25.3 billion to facilitate the repositioning of the financial sector and enhance its ability to assist business operations.
He further added that, “To date, the Development Bank Ghana has facilitated GH¢1 billion in competitive financing for the private sector, and GIRSAL continues to mitigate risks in the agriculture sector; supported 100,000 young graduates to secure workplace experience and employment by investing GH¢2.4 billion in NABCO”.