Dr. Cassiel Ato Forson, the Minister for Finance, has stated that the focus of the government New Economy is to employ about 1.3 million Ghanaians. He said for the nation to become prosperous, job creation is going to be central for the government, and the economy must give that first chance. Growth must be based on dependable work, and help establish what creates a productive economy.
The Finance Minister disclosed this at the Kwame Nkrumah University of Science and Technology (KNUST) when he visited its School of Business to discuss the new economy, the state of the economy and the way forward, at an Interactive Engagement with Lecturers and Students on the New Economy.
According to him, resources available have been procured with the Ministry of Finance, and every pesewa would be accounted for as fiscal discipline has now become a culture of the system. He urged KNUST to work with the government and interrogate them to do whatever it takes to stabilise the economy, as Ghana is working and prosperous now.
He noted that macroeconomic stability under President John Dramani Mahama has been achieved, and what is left is the creation of jobs as too many people are jobless. With 1.3 million people in training, with a population of 33 million today, Ghana imports too much with little processing, and that must change, through the government’s four-year programme.
He said the government seeks to stabilise the economy by creating fiscal space.
Prof. Christian Agyare, Vice-Chancellor of KNUST, commended the Finance Minister’s efforts in stabilising the economy to ensure the performance of the currency.
The VC urged the Finance Minister, Dr. Cassiel Ato Forson, a product of the University, to be an ambassador of the school to inspire students as a role model.
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