• About Us
  • Contact Us
  • Photo Gallery
  • Privacy Policy
  • Terms of Use
  • Citi TV
Friday, August 12, 2022
Citinewsroom - Comprehensive News in Ghana
  • Home
  • News
  • Business
  • Sports
  • Showbiz
  • Coronavirus
  • Infographics
  • Livestream
  • Videos
No Result
View All Result
Citinewsroom - Comprehensive News in Ghana
  • Home
  • News
  • Business
  • Sports
  • Showbiz
  • Coronavirus
  • Infographics
  • Livestream
  • Videos
No Result
View All Result
Citinewsroom - Comprehensive News in Ghana
No Result
View All Result

E-levy proceeds will create jobs for over 11 million people – Ofori-Atta

byGeorgina Appiah
December 5, 2021
Reading Time: 2 mins read
Ken Ofori-Atta

Finance Minister, Ken Ofori-Atta

ShareShareShareShare

The Minister of Finance, Ken Ofori-Atta, has said proceeds from the 1.75% E-Levy, proposed in the 2022 budget, would ensure that over 11 million people are employed.

The government has said, among other things, that proceeds from the levy will support young entrepreneurs in the country as a way of tackling unemployment.

The Minister made the latest comment while addressing thousands of young people, at a Springboard Youth Dialogue at the University of Cape Coast.

He noted that 58 percent of the country’s population are between 15 and 59 years, which is about 18million people.

“Of this number, 2.4million are in formal employment whilst the remaining 15 million are split between informal and underemployment”, stressing that 11 million people are with no clear path when it comes to employment opportunities.

It was held on the theme: “Building a Sustainable Entrepreneurial Nation; Opportunities for Ghana’s Youth”.

Ken Ofori-Atta contended that “for us as a government, our task is to ensure we extend opportunities to the youth. The consequences of having eleven million people with no clear path, undoubtedly, our recovery efforts hinges on tailored support to provide skills and funding to our young people to pursue their ambition to free them”, indicating that nothing is impossible.

“How do we as a nation move into an entrepreneurial stage to have an opportunity to contribute to national development? How do we reduce our debt and create employment? How do we take care of our infrastructure and roads so that we open up the country and build good Internet systems to create opportunities for all? Why are we being resistant to the future? We have nothing to fear. Have we as a nation understood the times that we are in and are we ready to sacrifice to move to a whole different level?”

Ken Ofori-Atta emphasized that “When somebody tells you we shouldn’t go there, tell them, give me an alternative for this 11 million people who are at home and not working”.

The Chief Executive Officer of the Springboard roadshow, Rev. Allbert Ocran, encouraged stakeholders to bring on-board interventions that would empower the youth to show interest in entrepreneurship.

ShareTweetSendSend
Previous Post

Wassa Pewuako: Mob attacks police for preventing lynching of murder suspect

Next Post

Rangnick wins first Manchester United game as Fred sinks Crystal Palace

Related Posts

Top Stories

Gov’t reduces E-levy revenue target for 2022 to GH₵611 million

July 29, 2022
Business

E-Levy, other taxes stifling growth potential of new businesses – Terkper

July 12, 2022
Business

Use Mid-Year budget review to reduce E-Levy rate – Prof. Quartey

July 12, 2022
Top Stories

‘Seeking IMF bailout doesn’t mean E-Levy has failed’ – Oppong Nkrumah

July 4, 2022
Top Stories

Minority’s resistance to E-levy forced gov’t to seek IMF bailout – Gabby

July 2, 2022
Top Stories

We’re not charging E-levy on merchant accounts – GRA

July 1, 2022
Next Post

Rangnick wins first Manchester United game as Fred sinks Crystal Palace

TOP STORIES

Akim Oda Central Market traders protest planned relocation by assembly

August 12, 2022

Ga communities gear up for Homowo; celebrate twins with ‘Akwele Suma’ festival

August 12, 2022

The Literacy Challenge: Top 50 students to write aptitude test on August 13

August 12, 2022
Load More
ADVERTISEMENT
Citinewsroom – Comprehensive News in Ghana

CitiNewsroom.com is Ghana's leading news website that delivers high quality innovative, alternative news that challenges the status quo.

Archives

Download App

Download

Download

  • About Us
  • Contact Us
  • Photo Gallery
  • Privacy Policy
  • Terms of Use
  • Citi TV

© 2021 All Rights Reserved Citi Newsroom.

No Result
View All Result
  • Home
  • News
  • Business
  • Sports
  • Showbiz
  • Coronavirus
  • Infographics
  • Livestream
  • Videos

© 2021 All Rights Reserved Citi Newsroom.

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT