By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Starr FmStarr FmStarr Fm
  • Home
  • Election Hub
  • General
    GeneralShow More
    Gyakye Quayson, Dorcas Toffey among final Deputy Ministerial nominees
    July 9, 2025
    Ablekuma North Re-run: NPP avoiding another terrible defeat – Political Analyst
    July 9, 2025
    Let national transformation guide your choice – Yaw Opoku Mensah to NPP delegates
    July 9, 2025
    Etweresohene urges government to complete mystical tourism project at River Kwaniakwa
    July 9, 2025
    NPP can’t walk back rerun boycott – Dr. Amakye-Boateng
    July 9, 2025
  • Business
    BusinessShow More
    Government inaugurates new NIB board, announces plan to recapitalise bank
    July 9, 2025
    Ghana’s gold now powers cedi stability – President Mahama
    July 8, 2025
    VRA sets the benchmark in African public procurement
    July 8, 2025
    IMF Executive Board approves $370 million disbursement for Ghana
    July 7, 2025
    From Nima to the World: Lord Ibrahim Sani’s Billion-Dollar Vision for Africa
    July 7, 2025
  • Politics
    PoliticsShow More
    Gyakye Quayson, Dorcas Toffey among final Deputy Ministerial nominees
    July 9, 2025
    Ablekuma North Re-run: NPP avoiding another terrible defeat – Political Analyst
    July 9, 2025
    Let national transformation guide your choice – Yaw Opoku Mensah to NPP delegates
    July 9, 2025
    NPP can’t walk back rerun boycott – Dr. Amakye-Boateng
    July 9, 2025
    Ablekuma North Re-run: NPP’s argument on bad precedent unfounded – Political Analyst
    July 9, 2025
  • Entertainment
    EntertainmentShow More
    I took a pause to gather strength- Kwesi Slay
    July 8, 2025
    Kinaata questions TGMA credibility over ‘Record of the Year’ snub
    July 7, 2025
    Ghana grows movie premiere ignites new thinking among youth in Ashaiman
    July 7, 2025
    “I will feature Sarkodie at the right time” – Kofi Kinaata
    July 6, 2025
    Cultural Heritage: Preserving what cannot be stored
    June 29, 2025
  • Sports
    SportsShow More
    Kofi Adams undertakes inspection of Baba Yara Stadium
    July 9, 2025
    Agbodza: Mahama’s Big Push Agenda kicks off this month
    July 8, 2025
    Julius Debrah backs Mahama’s vision to develop grassroots sports talent
    July 8, 2025
    Black Queens fall to South Africa in WAFCON 2024 opener
    July 8, 2025
    Investment made on Borteyman Complex land is wasted – Sports Minister
    July 7, 2025
  • Technology
    TechnologyShow More
    Real Quantum Dot Technology in Samsung QLED TVs
    June 29, 2025
    GCAA and South Korea sign deal to advance Ghana’s Drone sector
    June 25, 2025
    Onafriq, PAPSS partner to launch cross-border payment services in Ghana 
    June 20, 2025
    Yellow Card, Visa partner to accelerate stablecoin adoption across emerging economies
    June 19, 2025
    Samsung takes Galaxy Z Series to a new era
    June 18, 2025
  • International
    InternationalShow More
    Minority demands audit over $1.2m passport relaunch cost and delays
    July 9, 2025
    Minority demands compensation for citizens stranded by US embassy closure
    July 9, 2025
    Foreign Minister Okudzeto Ablakwa and Chinese Ambassador Tong Defa sign $30 million grant agreement for Aflao market
    Ghana secures $30 million Chinese grant for Aflao market project
    July 9, 2025
    The end of USAID is not catastrophic for Africa – Dr. Brian Reuben
    July 8, 2025
    Mahama underscores strong Ghana-Germany partnership
    July 8, 2025
  • Factometer
Search
© 2024 EIB Network Ltd. All Rights Reserved.
Reading: NABCO to end in September 2022 – Ofori-Atta
Share
Notification Show More
Font ResizerAa
Starr FmStarr Fm
Font ResizerAa
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Search
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Have an existing account? Sign In
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
GeneralHeadlines

NABCO to end in September 2022 – Ofori-Atta

Starrfm.com.gh By Starrfm.com.gh Published July 25, 2022
Share
SHARE

The Minister for Finance, Ken Ofori-Atta, has disclosed that one of the government’s youth employment initiatives Nation Builder’s Corps (NABCO) programme will end on September 1, 2022.

“Mr Speaker, our iconic National Builder’s Corps (NaBCo) programme, which was initially to run for three years and extended for an additional year, will be completed by 1st September 2022. The Programme- which engaged 100,000 young graduates, has prepared thousands of them for the world of work. So far we have invested approximately GH¢2.2 billion.

“As they exit, the current cohort on the programme are encouraged to take advantage of the YouStart initiative and other existing programmes in our drive to Build an Entrepreneurial Nation,” the Finance Minister, Ken Ofori-Atta disclosed in the Mid-year budget review presentation on Monday, July 25, 2022.

He explained that the “Government’s policy is to support dynamic young entrepreneurs access training and funds to build their businesses and become a significant pool of job providers for their fellow young people.

“We, however, recognise that our post-COVID economic recovery has been uneven and risks remain high. According to the IMF, the global outlook is grim and has darkened significantly, global uncertainty is exceptionally high, and 2023 is even more uncertain. However, in the 2022 Budget, we committed ourselves to chart a course towards growth and fiscal sustainability and this Mid-Year Fiscal Policy Review reasserts that commitment.”

The Minister also stated that the nation has seen some major shifts in the budget assumptions compared to what was presented in November 2021.

He added that “These changes have led to reduced revenues, increased interest payments and changes in interest rates and exchange rates. However, we are committed to staying within the appropriation for 2022. In spite of the underperforming revenues and strong external headwinds, we are not seeking additional funds in this Mid-Year Review. We are determined to efficiently use the windfall from the upstream Petroleum Sector to make up for our revenue shortfall and aggressively improve our revenues even as we rationalise expenditures.”

Source: Ghana/Starrfm.com.gh/103.5FM

You Might Also Like

Gyakye Quayson, Dorcas Toffey among final Deputy Ministerial nominees

Ablekuma North Re-run: NPP avoiding another terrible defeat – Political Analyst

Let national transformation guide your choice – Yaw Opoku Mensah to NPP delegates

Etweresohene urges government to complete mystical tourism project at River Kwaniakwa

NPP can’t walk back rerun boycott – Dr. Amakye-Boateng

TAGGED:Ministry of Employment and Labour Relation - GhanaNABCO
Share This Article
Facebook Twitter Email Print
Share
Previous Article Black Sherif joins Burna Boy, Wizkid, others for ‘Lost In Riddim’ Festival
Next Article Gov’t’s mid-year budget review offered nothing new – Minority

Starr 103.5FM

Starr FmStarr Fm
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
newsletter icon
Join Us!

Subscribe to our newsletter and never miss our latest in news, podcasts etc..

[mc4wp_form]
Zero spam, Unsubscribe at any time.
adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Lost your password?