Young entrepreneurs to get massive boost in 2022 budget

Young entrepreneurs to get massive boost in 2022 budget - Oppong Nkrumah

The Minister of Information, Kojo Oppong Nkrumah, says the 2022 budget will focus on creating an enabling environment for young entrepreneurs in the country to develop and grow their businesses.

Youth entrepreneurship has become topical in recent weeks following public discussions about how young Ghanaians can be supported to succeed in private businesses.

In line with this, Oppong Nkrumah in an engagement session on social networking site, Twitter last month took feedback from young entrepreneurs to aid government to address concerns of youth entrepreneurship in the country as it prepares to present the 2022 Budget

Statement and Economic Policy to Parliament on Wednesday 17th November 2021.

In a separate interview with journalists in Accra yesterday, the minister said the government had taken note of the concerns of young entrepreneurs in the country and would, through the 2022 budget, provide opportunities that would address these concerns.

Feedback

Through several youth engagement platforms young people have given government feedback on the status of the entrepreneurial ecosystem and what they will like government to do for them to make it easier for them to do business.

Government will respond positively with interventions that will deepen and broaden the already existent opportunities,” he said.

Read also: GE invests $2.5m in the next generation of Johannesburg engineers

According to him, the government will use the 2022 budget to address concerns which hinder young people from venturing into entrepreneurship such as access to finance and ready market.

The government in the past has created numerous initiatives to address the spate of youth unemployment in the country.

Programmes such as the Ghana CARES 'Obaatanpa' and programmes pursued by the National Board for Small-Scale Industries and the National Entrepreneurship and Innovation Programme are designed to make access to finance and skills in entrepreneurship, agriculture, small-scale industry, tourism, and trade, easier for the youth.

Additionally, the government has been working to establish the Ghana Development Bank to provide funds for industries and manufacturing sectors of the economy.

These initiatives coupled with government interventions through the 2022 budget, according to the minister, will provide the youth with abundant opportunities to nurture and grow their businesses.

Comments

US-Based Doctor Supports Weija Leprosarium, Underprivileged Children In Ankaase With Cash & Food Items

In a remarkable display of philanthropy, US-based medical practitioner, Dr. Kofi Kyei Sarfo, and the Sarfo family have made significant donations to support vulnerable communities in Ghana. During his visit to Ghana for the Christmas and New Year festivities, Dr. Sarfo and his family donated assorted food items and $5,000 to the Weija Leprosarium in Accra. This generous act aims to improve the lives of the inmates and support the tireless efforts of Rev. Father Andrew Campbell, founder of the Lepers Aid Committee. The donation to the Weija Leprosarium is a testament to Dr. Sarfo's commitment to giving back to his community. He praised Rev. Father Andrew Campbell for his selfless work in integrating cured lepers into society, emphasizing the need for continued support to ensure the well-being of the inmates. Dr. Sarfo encouraged others to follow in his footsteps, stating that every donation, no matter how small, can make a significant difference in the lives of the inmates. The don...

Kenpong Travel & Tours Champions Breast Cancer Awareness During Customer Week

As part of activities to mark Customer Week, Kenpong Travel & Tours, a leading travel agency in Ghana, is joining the global fight against breast cancer. October is Breast Cancer Awareness Month, and the company is passionate about spreading hope and support to those affected. At Kenpong Travel & Tours, we believe that travel and exploration can be therapeutic and empowering. That's why we're committed to supporting our customers and the broader community in the fight against breast cancer. We're proud to stand in solidarity with breast cancer warriors and survivors. At Kenpong Travel & Tours, we believe that everyone deserves a chance to explore the world and create unforgettable memories. Let's prioritize health, support one another, and fight against breast cancer," said Kennedy Agyapong, CEO of Kenpong Travel & Tours. Our efforts are focused on raising awareness, promoting early detection, and supporting those affected by breast cancer. We urg...

Mfantsiman Girls to Host 65th Speech & Prize-Giving Day

Mfantsiman Girls Senior High School is set to host the 65th Speech and Prize-giving Day and Homecoming from 14th to 16th March at Saltpond in the Central region. This year’s Speech and Prize-giving day is being hosted by the 2000-year group, and over 5000 old girls and students of Mfantsiman Girls are expected to attend the programme. Under the theme, ‘Leveraging New Media Technology to Optimize Girl Child Education,’ the event will emphasize the importance of harnessing technology to address the unique challenges faced by girls in accessing quality education, particularly in marginalized communities. By leveraging new media technology, we can create inclusive, interactive, and engaging learning environments that empower girls to reach their full potential. The theme will also serve as a call to action, encouraging students, educators, and stakeholders to explore innovative ways to integrate technology into girl child education, ultimately driving positive change and promoting a...

Kofi Ahovi

Search This Blog