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2022 Budget to focus on jobs, entrepreneurship – Finance Minister

The 2022 budget statement and economic policy expected to be presented to parliament next week Monday will focus on jobs and skills training for the youth to address the growing unemployment in the country, Finance Minister, Ken Ofori-Atta, has said.

“Clearly, the 2022 budget and economic policy will be intervening on access to jobs and skills set, making it possible and providing the enablers to free people into enterprise,” he said during the signing of the memorandum of understanding between the Government of Ghana and the African Development Bank (AfDB)  and the African Development Fund (ADF)  for 2022 annual meetings.

Ghana will host the AfDB and AFD annual meetings from May 23-27 next year, which is expected to review the performance of the bank in the 2020 financial year.

Mr. Ofori-Atta said the budget would also come with measures to cushion the citizens of the effects of the rising prices of fuel.

Turning his focus on the upcoming annual meetings, the Finance Minister said AfDB must lead the charge of reducing widespread poverty in Africa.

He said the COVID-19 pandemic had brought Africa to a tipping point and leadership, both regional and non-regionals, had to push towards re-orienting the global status quo and becoming agents for transformation and social change.

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