A Deputy Minister of Finance, Dr. John Kumah, has disclosed that the government collected a total of GH¢1.19 billion in revenue from the E-levy in 2023.
From this sum, the government allocated funds to its YouStart Programme, the Ghana Enterprise Agency, and the National Entrepreneurship and Innovation Programme to combat unemployment in Ghana.
Dr. John Kumah made these remarks in response to the latest figures from the Ghana Statistical Service, which indicated that over a million Ghanaian youth were unemployed.
He said this during the media launch of the Wealth and Jobs Expo Ghana.
Dr. John Kumah further highlighted the government’s efforts to attract investments into the country while spurring job creation, emphasising the need for belief in entrepreneurship to address the unemployment rate.
Source: Citi