Skip to main content

EU ends 4 years of Employment and Social Protection Programme


The European Union has so far invested 26 million euros in the Ghana Employment and Social Protection Programme for the past four years.

The Ghana Employment and Social Protection Programme is an initiative aimed at contributing to inclusive and equitable growth by strengthening social protection and employment systems.

Speaking at the closing conference of the programme, Head of Cooperation of the EU Delegation to Ghana, Massimo Mina, indicated that the pilot stage of the programme, which focused on building skills has been successful, hence they looking forward to returning to address other issues like digitalization.

This was a pilot programme but it was a very substantial project in the order of 26 million euros. It’s also a complex project which lasted more than four years. I think it really allowed the key elements of our corporation. It’s a very ambitious programme and we’re now building for the next cycle of the programme for the period 2021 to 2027,” he said

Team Leader for the Technical Advisory Team of the Ghana Employment and Social Protection Programme, Sharon Hall, highlighted some achievements of the programme.

The biggest achievement that we have is the productive inclusion programme that we have established. We have trained 275 people and we have also provided tool kits for them in order for them to make a business and to ensure that they go forward,” she stated.

Meanwhile, Director-General of Ghana TVET Service, Mawusi Nudekor Awity reiterated that technical and vocational education and training is the country’s best bet to addressing unemployment.

The GESP programme is such a laudable one. That is what the country actually needs. We have so many abled people, yet there’s a lot of unemployment in the country. It’s only TVET that can solve the unemployment situation,” she emphasized.

The closing conference for the Ghana Employment and Social Protection Programme was themed “Strengthening Social Protection through Capacity Building, Productive Inclusion and Social Accountability”.

Comments

Popular posts from this blog

Fitch Solutions retains 2025 growth rate projection at 4.2%

 Fitch Solutions has reaffirmed its projection that Ghana’s economy will expand by 4.2% in 2025. This estimate slightly exceeds the International Monetary Fund’s forecast of 4% and the World Bank’s projection of 3.9%. The UK-based research firm attributes its outlook to historically high gold prices, which are expected to cushion the Ghanaian economy against a global slowdown triggered by rising tariffs. Higher gold prices are anticipated to strengthen government revenue, enhance foreign exchange earnings, and help sustain currency stability. The report also highlights that Ghana is relatively less vulnerable to increasing trade restrictions from the United States, given that its primary exports—gold and crude oil—are not directly affected by the tariffs introduced by President Trump’s administration. Moreover, the US constitutes only about 4% to 5% of Ghana’s total exports. In contrast, Ghana’s trade relations are more heavily oriented toward China and European countries, particul...

BoG injects $20m into FX market to support 11 BDCs

  The Bank of Ghana (BoG) has injected $20 million into the foreign exchange market in the latest round of its forward FX auction targeted at Bulk Oil Distribution Companies (BDCs). The intervention, which benefited eleven BDCs, is part of the central bank’s broader strategy to stabilise the cedi and ensure price stability in the petroleum downstream sector. Held on Tuesday, April 29, the auction was priced at a locked exchange rate of GHS 14.28 to the US dollar, with bid offers ranging from GHS 13.85 to GHS 15.55. This move reflects the BoG’s continued effort to deepen forex liquidity and safeguard the domestic fuel supply chain against volatility in global energy markets. By directly supplying FX to BDCs, the central bank seeks to ease pressure on the interbank market, guarantee the uninterrupted flow of petroleum products, and mitigate the pass-through effects of exchange rate fluctuations on fuel prices. The $20 million disbursement forms part of a $120 million programme for th...

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...