2018 Budget: Government Announces Fresh Initiatives To Expand Revenue Generation & Jobs

Finance Minister has announced a special initiative that intends to employ about 100,000 unemployed graduates in 2018.
Under the initiative to be known as, Nation Builders Corps (NBC), each of the 216 districts is expected to provide jobs for 462 graduates. Finance Minister, ken ofori Atta who announced this during the presentation of the 2018 Budget said the NBC, which will be based in the office of the President, will focus on alleviating shortfalls in public service delivery.
Tertiary Graduates under “Revenue Ghana” programme will “mobilize the youth to collect taxes that have been difficult to mobilize and enforce collection,” Mr. Ofori Atta stated. Ghana currently has six million taxable citizens, but only 1.2 million are paying tax.

“The focus of the initiative will be solving public service delivery in health, education, agriculture, sanitation and drive revenue mobilization and collection.”..Finance Minister explained

There will also be “Teach Ghana” and “Feed Ghana” modules under this special initiative.
Presenting the 2018 Budget, themed; “From Stabilization to Work; Putting Ghana to Work Again”, the Finance Minister, Ken Ofori-Atta, said government is optimistic the initiative will address livelihood empowerment and graduate unemployment to solve economic and social problems.”

He further stated …“Like the Youth Employment Agency, which targets non-tertiary graduates, the NBC has a number of subsets which are connected to other major government targets and initiatives.

On the back of the Sanitation Campaign launch and the anticipated Sanitation Brigade, the Finance Minister noted that, the NBC has made provision for sanitation inspectors under a “Clean Ghana” Programme. These inspectors will focus on enforcing sanitation laws.

Trained nurses and other healthcare workers will provide health care to deprived and rural communities under a “Heal Ghana” module.”

Voluntary Education Fund

Government also intends to establish a Voluntary Education Fund to support Ghanaians committed to assist the education sector.
Finance Minister Ken Ofori-Atta, who disclosed this says a committee is already working closely with the Ghana Education Trust Fund (GET Fund) to fine tune the modalities of the Voluntary Fund.

The Voluntary Education Fund will “enable Ghanaians make voluntary contributions to support education.”
Graduate unemployment is seen to be at critical levels in Ghana with data from the Institute of Statistics, Social and Economic Research (ISSER) of the University of Ghana, noting that only 10 percent of graduates find jobs after their first year of completing school.

ISSER’s research also indicates that, it may take up to 10 years for a large number of graduates to secure employment due to varied challenges.

Source: Ghana/myxyzonline.com/93.1MHz