{"id":245989,"date":"2024-11-05T12:57:42","date_gmt":"2024-11-05T12:57:42","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/11\/05\/bawumia-outlines-8-initiatives-to-create-4-million-jobs-for-youth-if-elected-president\/"},"modified":"2024-11-05T12:57:42","modified_gmt":"2024-11-05T12:57:42","slug":"bawumia-outlines-8-initiatives-to-create-4-million-jobs-for-youth-if-elected-president","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/11\/05\/bawumia-outlines-8-initiatives-to-create-4-million-jobs-for-youth-if-elected-president\/","title":{"rendered":"Bawumia outlines 8 initiatives to create 4 million jobs for youth if elected president"},"content":{"rendered":"
\n \n \n

Last Sunday, Vice President Dr. Mahamudu Bawumia engaged with Ghanaian youth at the Borteyman Sports Complex in Accra, presenting his plans to prioritise youth development and welfare should he be elected President. Dr. Bawumia emphasised his commitment to empowering the youth through three key pillars: education, skills training, and job creation.<\/p>\n\n\n\n

Dr. Bawumia began by highlighting the role of education as a catalyst for youth advancement, pledging significant investments to expand access to education at all levels, especially tertiary education, building on the success of Free SHS. He tied skills training closely to education, focusing on technical and vocational education and training (TVET) and plans to train 1 million young Ghanaians in digital skills.<\/p>\n\n\n\n

With these foundations in place, Dr. Bawumia announced that his proposed policies would aim to create millions of jobs across the country. \u201cOnce you have an education and employable skills, the next step is to thrive in an economic environment that can generate a large pool of well-paying jobs, whether as an entrepreneur, self-employed, or an employee,\u201d he said.<\/p>\n\n\n\n

Here are the eight initiatives Dr. Bawumia outlined:<\/p>\n\n\n\n

    \n
  1. Sustain Economic Growth for Business Expansion and Job Creation<\/strong> Dr. Bawumia underscored the need for a stable economic environment to foster business growth and job creation. His government would create a supportive environment for the private sector, which he called the \u201cengine of growth,\u201d and leverage private sector partnerships to reduce government spending on infrastructure projects.<\/li>\n\n\n\n
  2. Expand Public Infrastructure<\/strong> With a focus on creating youth employment, Dr. Bawumia said his government would expand public infrastructure. For instance, he pledged to complete the Agenda 111 hospital projects, which he estimates would create around 72,000 jobs in the health sector.<\/li>\n\n\n\n
  3. Support Businesses for Job Creation<\/strong> Dr. Bawumia proposed a \u201cBuy Ghana First\u201d policy to prioritise locally produced goods and services in public procurement. His government would also establish an SME Bank to meet financing needs of small and medium-sized businesses, which employ over 80% of Ghanaians. Additional incentives would include tax credits for start-ups and affordable power for industries through a restructured tariff system.<\/li>\n\n\n\n
  4. Implement a Simplified Tax System<\/strong> Dr. Bawumia plans to implement a straightforward, business-friendly tax regime. This includes a flat tax rate for individuals and SMEs, as well as a predictable flat-rate duty on imports to stabilise prices. Port charges would be harmonised to match regional standards, particularly with Togo, making duties at Ghanaian ports equal or lower.<\/li>\n\n\n\n
  5. Agricultural Sector Reform for Job Creation<\/strong> Dr. Bawumia expressed his ambition to achieve food security and job creation through modernised agriculture. He pledged to create agricultural enclaves in each region, invest in technology to reduce post-harvest losses, and establish district mechanisation centres. The Agricultural Development Bank (ADB) would also expand support for businesses involved in value-added agricultural products.<\/li>\n\n\n\n
  6. Housing Sector Reform for Job Creation<\/strong> Dr. Bawumia\u2019s housing policy would focus on public housing through partnerships with the private sector, similar to the Singapore model. This initiative, he stated, would provide millions of jobs across trades such as masonry, plumbing, and electrical work. He also proposed further development of the mortgage market by digitising the land registry and simplifying title establishment.<\/li>\n\n\n\n
  7. Reform the Mining Sector for Job Creation<\/strong> In the mining sector, Dr. Bawumia committed to environmentally sustainable small-scale mining practices, with the goal of growing these operations into larger businesses. His government would provide support for training, financing, and capacity building to facilitate this transformation.<\/li>\n\n\n\n
  8. Develop a World-Class Digital Economy<\/strong> The largest job initiative, Dr. Bawumia said, would be a digital skills training programme for 1 million young Ghanaians, preparing them for opportunities in Ghana and abroad. \u201cI want to see Ghana build the digital talent we require for the Fourth Industrial Revolution,\u201d he said. Additionally, his government would establish a Fintech Fund with a US$100 million seed capital to support Ghanaian start-ups developing exportable solutions.<\/li>\n<\/ol>\n\n\n\n

    These initiatives, Dr. Bawumia affirmed, are intended to \u201ccreate the large pool of diverse jobs that the young people of Ghana desire and deserve.\u201d With the December 7, 2024 election approaching, he assured voters that his comprehensive plan represents a path toward meaningful youth employment and economic transformation.<\/p>\n\n\n\n

    4o<\/p>\n\n

    DISCLAIMER: <\/strong>The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.<\/p> \n \n \n \n\n \n\n \n \n \n <\/div>\n","protected":false},"excerpt":{"rendered":"

    Last Sunday, Vice President Dr. Mahamudu Bawumia engaged with Ghanaian youth at the Borteyman Sports Complex in Accra, presenting his plans to prioritise youth development and welfare should he be elected President. Dr. Bawumia emphasised his commitment to empowering the youth through three key pillars: education, skills training, and job creation. Dr. Bawumia began by […]<\/p>\n","protected":false},"author":1,"featured_media":245990,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-245989","post","type-post","status-publish","format-standard","has-post-thumbnail","category-top-news"],"yoast_head":"\nBawumia outlines 8 initiatives to create 4 million jobs for youth if elected president - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2024\/11\/05\/bawumia-outlines-8-initiatives-to-create-4-million-jobs-for-youth-if-elected-president\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bawumia outlines 8 initiatives to create 4 million jobs for youth if elected president - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"Last Sunday, Vice President Dr. Mahamudu Bawumia engaged with Ghanaian youth at the Borteyman Sports Complex in Accra, presenting his plans to prioritise youth development and welfare should he be elected President. Dr. Bawumia emphasised his commitment to empowering the youth through three key pillars: education, skills training, and job creation. 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