- President Akuffo Addo says government's ability to create jobs is limited
- He says the responsibility of job creation lies on the private sector
President Akuffo Addo has stated that his government's ability to create employment for Ghana's teeming unemployed youths is very limited, a reason why his government is creating a business friendly environment to help the private sector step in.
According to Ghana's President, government is building a pro-business economy in order to allow the the private sector to step in and act as the main engine behind employment creation in order to fulfill the current administration's promises in the run up to last December's hotly contested general elections.
Speaking at the launch of the USAID and Dignity Vocational Training Partnership, President Akuffo Addo expressed that, in his view, the responsibility to create jobs laid mostly on the private sector.
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“We are therefore, moving quickly to create an environment that will unleash the innovative and the entrepreneurial instincts of the Ghanaian people to drive rapid growth and job creations,” said the President.
referring to the project, Nana Akuffo Addo said the initiative was compatible with his government's mission, which is to turn Ghana into West Africa's Industrial hub, thereby creating an engine to drive the country's socio-economic development.
President Akufo Addo pointed out that as of 2008, the last time an NPP government was in power, Ghana's growth rate was at 15 percent, but slumped down to 1.4 percent as of 2015. He stated that due to measures implemented by his government, the growth rate had recorded a spectacular growth rate of 11.5 percent.
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