• Live Radio
  • Videos
  • About
  • Contact
  • Despite Media
Ghana Election 2020
  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • VIDEOS
  • Media
    • Videos
    • Audio
    • Live Radio
    • Photos
  • Election 2020
Local News
 
 
 
Home News Social 201910

Gov’t On Course To Solving Graduate Unemployment

20-Oct-2019
/ Social, News
Email
Print
Comments 0
(0)
Comments
Share on Facebook Share on Twitter
 

Vice President Dr Mahamudu Bawumia says the Government is on the right path towards solving graduate unemployment and bringing hope and prosperity to all Ghanaians.

He said the Government took over power at a time when there was dwindling economic fortunes, with increasing youth unemployment due to poor economic management.

“However, the President Akufo-Addo-led Government took the bull by the horn and took bold interventions, including the creation of the Nation Builders Corps (NaBCo) to offer employment to about 100,000 unemployed graduates, who would have naturally joined the Graduate Unemployment Association,” he said.

Vice President Bawumia said this at the closing ceremony of the one-year anniversary of the NABCO in Accra on Friday.
Additionally, he said, about 350,000 unemployed Ghanaians, including teachers, nurses, police and other security personnel were recruited into the Public Sector within the last two-and-half years as a source of livelihood and to enhance productivity.

More so the Government had managed to stabilise the macro-economy with the year-on-year inflation dropping from 15.4 percent in 2016 to the current figure of 7.6 percent, which is the lowest since 1992.

There had also been a positive balance of trade, Gross Domestic Product (GDP) increasing from 3.6 in 2016 to over eight percent in 2018, while the nation witnessed exponential increase in foreign reserves all geared towards improving the economy.

Vice President Bawumia also enumerated a number of digital technology initiatives including the paperless ports system, e-business registration, e-procurement processes, smart driver’s licensing regime, digital property addressing system, mobile money interoperability payment system, and the ongoing national identification system to ease business transactions.

On Government’s flagship industrial and social initiatives, Dr Bawumia mentioned the Planting for Food and Jobs, Rearing for Exports and Rural Development, One-District, One-Factory, One-District One Warehouse and the Free Senior High School, which has benefitted 1.2 million students with about three billion Ghana cedis spent on the Policy.

The Vice President noted that all these were clear testimony that the President Akufo-Addo-led Government was on course in creating a prosperous nation and urged all well-meaning Ghanaians to support a worthy cause.

Source: GNA

 

 
 

 

Comments ( 0 ): Post Your Comments >>

Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority.
Featured Video
Previous Post

Deputy Minister Commends GTUC For Promoting Transnational Education

Next Post

MoFA Allays Fears Of Food Crises Due To Floods

 
 

More Stories

NPA Moves To Ensure Consistent Fuel Supply
Absa Bank Donates Blood To Boost Ghana's Reserves
Abortion Kills 12- Year-Old Girl
President Pledges More Support For Prisons Service
Tema High Court Registrar Sebastian Agbo Dismissed
Sonto 1 Foundation Donates to Dzorwulu Special School
Police Arrest 4 Suspected Kidnappers
GRA Arrests Shop Managers For Tax Breach
Fly My Body Back to Ghana – Chilling Last Words of A Ghanaian Man Who Shot Wife In The USA Surfaces - AUDIO
Next Post

MoFA Allays Fears Of Food Crises Due To Floods

  Local News

  • General News
  • Social
  • Health
  • Education
  • Religion
  • Technology
  • Crime & Justice
  • Travel/Tourism
  • Science/Environment


 
 

 

Other Social Stories

  • NPA Moves To Ensure Consistent Fuel Supply

  • Absa Bank Donates Blood To Boost Ghana's Reserves

  • Abortion Kills 12- Year-Old Girl

  • President Pledges More Support For Prisons Service

  • Tema High Court Registrar Sebastian Agbo Dismissed

  • Sonto 1 Foundation Donates to Dzorwulu Special School

  • Police Arrest 4 Suspected Kidnappers

  • GRA Arrests Shop Managers For Tax Breach

  • Fly My Body Back to Ghana – Chilling Last Words of A Ghanaian Man Who Shot Wife In The USA Surfaces - AUDIO

  • Ghana Misses 2022 Teenage Pregnancy Target

 

 
 

Popular Videos

Kokrokoo Live On Peace 104.3 FM (07/06/2023)

What's The Meaning Of Your Statement??? Ellen Daaku Asks Sammy Gyamfi

Peace Power Sports (05/06/2023)

Kokrokoo Discussion Segment On Peace 104.3 FM (05/06/2023)

Kokrokoo Discussion Segment On Peace 104.3 FM (06/06/2023)

Peace Power Sports (06/06/2023)

Peace FM Online and Despite Media

peacefmonline.com offers its reading audience with a comprehensive online source for up-to-the-minute news about politics, business, entertainment and other issues in Ghana

Follow us on social media:

Category

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • Trivia
  • Foreign
  • Audio
  • Photos
  • Videos
  • Elections
Decision Time
Ghana Election 2020 2016 Elections
Services
Live Radio Audio on Demand Ghana Elections Advertise with Us
Useful Links
Despite Media About Us Contact Us Feedback Form Terms and Conditions Privacy
Our Brands
Despite Media UTV Peace FM Okay FM Hello FM Neat FM Peacefmonline
  • About
  • Advertise
  • Terms & Conditions
  • Contact
  • Privacy

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Articles
  • Trivia
  • Foreign
  • Live Radio
  • Photos
  • Videos
  • Audio
  • Election 2020

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media