The Finance Minister, Mr. Ken Ofori-Atta has claimed that the ruling New Patriotic Party (NPP) government has created more than 2.3 millions jobs for Ghanaians in past 7years.
According to the Finance Minister, the NPP government is determined to create more jobs in both the public and private sector for Ghanaians after experiencing God’s grace in the past 7 years in office.
Mr. Ofori-Atta disclosed in Parliament today while presenting the 2024 budget that, the NPP government has invested over GHc32.7 billion to give the lives on and support the growth of businesses.
He added that over 100,000 graduates have been supported to secure workplace experience by investing GH2.7billion.
Listen to him below;
#2024Budget: We have created over 2.3 million jobs – Ken Ofori-Atta#UTVGhana pic.twitter.com/MqOledlovj
— UTV Ghana (@utvghana) November 15, 2023
In a related news, the Minister of Finance has said that government has implemented a zero rate tax on locally produced sanitary pads.
Ken Ofori-Atta said the government will also grant import duty waivers for raw materials for the local manufacturing of sanitary pads.
“Government to implemented a zero rate tax on locally produced sanitary pads; grant import duty waivers for raw materials for the local manufacturing of sanitary pads. We will waive import duties on import of electric vehicles for public transportation for a period of 8 years.” the Finance Minister said.
Meanwhile, according Ken Ofori-Atta, Ghana’s economy is currently headed toward recovery from its dismal performance over the previous few years.
After successfully implementing the first phase of the International Monetary Fund (IMF) bailout, he claimed the nation had turned the corner.
Mr. Ofori-Atta stated the government is currently preserving the stability of the economy while he presented the 2024 budget in Accra.
The Finance Minister stated the government is currently preserving the stability of the economy while he presented the 2024 budget in Accra.
“We turned the corner when we completed the IMF first review,” he said.
He further assured that the government is poised to “maintain stability and keep growing. and ensure increased growth, currency stability”
“We turned the corner when inflation started declining from 54 1 in December to 35.2 in October 2023, he added.
