Thomas Nyarko Ampem is the Deputy Minister of Finance
The government has announced that the 2026 national budget will place a strong emphasis on job creation, aligning with World Bank recommendations to reduce unemployment and stimulate private sector growth.
Speaking at the launch of the World Bank’s Ninth Ghana Economic Update, the Deputy Minister of Finance, Thomas Nyarko Ampem, said the Ministry of Finance has been reorganized to focus more on real economic issues and to use research to guide policy decisions, as reported by Citi Newsroom.
“The 2026 budget will focus on jobs. I can confirm that the Ministry of Finance has been repositioned to leverage key insights to achieve a balanced focus on the economy, with the creation of the real sector division. We also now have enhanced focus on evidence-based economic policy through our recently created research division,” he stated.
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Flagship programmes such as the National Apprenticeship Programme, Adwumawura, and One Million Coders will provide practical skills training, with over GH¢564 million allocated for implementation in 2025.
An additional GH¢410 million will support the National Entrepreneurship and Innovation Programme (NEIP), aimed at helping young people start and grow businesses.
Further investments in infrastructure, agriculture, and the 24-Hour Economy initiative are also expected to generate employment — both directly and indirectly.
Through these measures, the government hopes to equip Ghana’s youth with relevant skills, stimulate business growth, and create sustainable jobs that will drive long-term economic development.
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DR/SA