• About
  • Advertise
  • Privacy Policy
  • Contact
Saturday, January 17, 2026
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Unemployment: Government’s Interventions In The Past Five Years Have Been Effective- John Kumah

M.Cby M.C
June 10, 2022
Reading Time: 4 mins read
Deputy Finance Minister, Dr John Kumah, has lauded the intervention programs by government in the past five years in addressing youth unemployment in the country.

Deputy Finance Minister, Dr John Kumah.

Deputy Finance Minister, Dr John Kumah, has lauded the intervention programs by government in the past five years in addressing youth unemployment in the country.

Dr Kumah revealed that these interventions have been effective in helping create jobs for the youth, further reducing unemployment rate in the country. He explained that although there have been other programs similar to the YouStart initiative to be launched in June, these programs have helped in improving the lives of the youth.

“People always have legitimate concerns and some of these criticisms help to improve the programs. I believe that all the interventions that government has rolled out in respect of job creation in our country for the past five years have been very effective…

In fact, unemployment came down to below 7% [but] we had COVID coming in and people losing their jobs and we reversing a lot of things in our country. We saw One District, One Factory creating sustainable jobs across the country…”

John Kumah

Dr Kumah indicated that although programs such as 1D1F, PFJ and others have helped, government is looking at things in a “more sustainable and scalable way than just temporary arrangements that come in as a stopgap measure to hold the front”, hence the YouStart initiative.

RelatedPosts

Ashanti Region Stalled Road Projects Resume as Government Releases New Funding

Vice President Pledges New High-Occupancy Fleet to End Transport Agony

Government Moves to Fix Public Transport Crisis with Immediate and Long-Term Measures

Elaborating on the YouStart program by government, Dr Kumah expressed that it is a flagship program by President Akufo-Addo to address youth unemployment in the country on a more “sustainable basis”. He explained that per statistics from the Ghana Statistical Service, out of the 30 million population between ages 15 and 35, about 11.7 million people are very young and 19.7% of them are unemployed.

“So, His Excellency the President wants to address this problem on a more sustainable basis that is why we are introducing the YouStart. Of course, government has done a lot of other interventions in the youth front.”

John Kumah

NABCo to be transitioned into the YouStart

Dr Kumah highlighted that government will transition the Nation Builders’ Corps (NABCo) into the YouStart initiative. He noted that the idea is to find a more sustainable alternative to the NABCo which ended in October 2021.

“We have already engaged the NABCo secretariat, and there has to be a more sustainable way of looking at NABCo. As we said, NABCo was for a 3-year period and so we have to have an alternative. Going forward, how do we make sure we support these young people who now have experience, ideas and creativity to have access to further training and working capital to be able to start their own businesses and scale up?”

John Kumah

The Deputy Finance Minister expressed that although there are several initiatives on the youth front to create job opportunities, most of these interventions are usually “not coordinated from one ministry to another or one agency” to the other. To address the situation, he stated that the YouStart is going to “be inter-ministerial at the highest level and inter-agency”.

ADVERTISEMENT
President Akufo-Addo has called on feuding factions in the Bawku chieftaincy dispute to ceasefire with regards to the seething tension and resort to dialogue. He revealed that monies spent on security in the area could be used to develop Bawku.
President Akufo-Addo.

“So, all the various youth agencies, the National Youth Authority, YEA… The agencies that look at youth employment and capacity building and opportunities for young people will all be rallied together and then we see how we can maximize our resources and create economic opportunities for young people.”

John Kumah

Dr Kumah disclosed that President Akufo-Addo will in this month of June, launch the YouStart program. He however noted that ahead of the launch, government is undertaking a lot of stakeholder engagements.

“Because it’s inter-ministerial, we just completed the local assemblies’ engagements with all the MMDCEs across the country. We are also going to engage members of parliament, CSOs, student organisations, even editors and the media. We want to rally everybody around the issue of youth job creation opportunities.”

John Kumah

READ ALSO: Blockchain Technology: A Key to Ghana’s Transformation

Tags: flagship programGhana NewsJohn KumahUnemploymentYouStart
Share6Tweet4Share1SendSend
Please login to join discussion
Previous Post

Blood Found in Suspect’s Boat as Police Probe Amazon Disappearances

Next Post

Labor Demand Starts Q2 On A Faulty Note, Down By 1.0% In April 2022

Related Posts

Ashanti Regional Minister, Dr Frank Amoakohene
General News

Ashanti Region Stalled Road Projects Resume as Government Releases New Funding

January 16, 2026
Vice President Professor Jane Naana Opoku-Agyemang
General News

Vice President Pledges New High-Occupancy Fleet to End Transport Agony

January 16, 2026
Minister of State in charge of Government Communications, Felix Kwakye Ofosu
General News

Government Moves to Fix Public Transport Crisis with Immediate and Long-Term Measures

January 16, 2026
Minister of State in charge of Government Communications, Felix Kwakye Ofosu
General News

No Pay for Mahama’s Presidential Economic Advisory Group Members – Kwakye Ofosu

January 16, 2026
Minister of State in charge of Government Communications, Felix Kwakye Ofosu
General News

No Economic Management Team Yet – Kwakye Ofosu Says Advisory Group Offers Independent Counsel

January 16, 2026
Hon. Ahmed Ibrahim, Minister of Local Government, Chieftaincy and Religious Affairs
General News

Ghana Seeks €1m Spanish-Grant to Revive Ayalolo Fleet Amid Urban Transport Crisis

January 16, 2026
GSE Delivers Historic Returns as Composite Index Soars 79.4% in One of Its Best Years Ever
Securities/Markets

Heavy Volume, Limited Winners as GSE Ends Week with Strong Liquidity but Narrow Gains

by M.CJanuary 17, 2026
USA

FAA Warns Of Hazardous Situation In Eastern Pacific, Urges Caution

by Comfort AmpomaaJanuary 17, 2026
Extractives/Energy

DGPP Losses: Parliamentary Inquiry the Way to Fix This Historic Mess – Dr. Kabiru Mahama Insists

by Bless Banir YarayeJanuary 17, 2026
Richmond Eduku, Energy and Finance Analyst
Extractives/Energy

Energy Analyst Attributes Fuel Price Relief to Regulation, Strong Cedi and NPA Coordination

by Prince AgyapongJanuary 17, 2026
“2025 Was a Year of Painful Adjustments but Stability Is Back,” BoG Governor Declares
Economy

“2025 Was a Year of Painful Adjustments but Stability Is Back,” BoG Governor Declares

by M.CJanuary 16, 2026
Standard Chartered Tops Ghana’s Retail Banking CX Rankings for Second Straight Year
Banking

Standard Chartered Tops Ghana’s Retail Banking CX Rankings for Second Straight Year

by M.CJanuary 16, 2026
GSE Delivers Historic Returns as Composite Index Soars 79.4% in One of Its Best Years Ever
Richmond Eduku, Energy and Finance Analyst
“2025 Was a Year of Painful Adjustments but Stability Is Back,” BoG Governor Declares
Standard Chartered Tops Ghana’s Retail Banking CX Rankings for Second Straight Year

Recent News

GSE Delivers Historic Returns as Composite Index Soars 79.4% in One of Its Best Years Ever

Heavy Volume, Limited Winners as GSE Ends Week with Strong Liquidity but Narrow Gains

January 17, 2026
reuters 696ae121 1768612129

FAA Warns Of Hazardous Situation In Eastern Pacific, Urges Caution

January 17, 2026
WhatsApp Image 2026 01 13 at 12.31.53 PM

DGPP Losses: Parliamentary Inquiry the Way to Fix This Historic Mess – Dr. Kabiru Mahama Insists

January 17, 2026
Richmond Eduku, Energy and Finance Analyst

Energy Analyst Attributes Fuel Price Relief to Regulation, Strong Cedi and NPA Coordination

January 17, 2026
“2025 Was a Year of Painful Adjustments but Stability Is Back,” BoG Governor Declares

“2025 Was a Year of Painful Adjustments but Stability Is Back,” BoG Governor Declares

January 16, 2026
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address