Audio By Carbonatix
Ghana's Finance Minister, Dr Cassiel Ato Forson, has announced plans to create up to 800,000 new jobs across various sectors of the economy in 2026.
This initiative is part of the government's 2026 Budget Statement and Economic Policy, aimed at driving economic growth and development.
Appearing before Parliament to present the 2026 Budget, Dr Cassiel Ato Forson said the government's focus on job creation is a positive step towards addressing unemployment and stimulating economic activity.
“Mr Speaker, the 2026 Budget Statement and Economic Policy of the government are specifically designed to create up to 800,000 new jobs. The GH¢63 billion road contracts awarded so far under the Big Push will generate an estimated 490,000 jobs,” he said.
The announcement is expected to bring hope to many Ghanaians, especially the youth, who are eager to contribute to the country's progress.
“This estimation is consistent with World Bank metrics on job creation from road investment. The three new garment factories will create over 20,000 direct jobs. The seven agro-processing plants will employ about 700 people directly and thousands more through supply chains. The National Policy on Integrated Oil Palm Development will create 250,000 jobs across the value chain,” Dr Forson stated.
For some market watchers, the success of this initiative will depend on effective implementation and collaboration with various stakeholders.
Latest Stories
-
Ghana and Germany deepen economic partnership: A new era of investment and cooperation
27 minutes -
Breaking up before the holidays: Is it better to let go before or after the festive season?
29 minutes -
From waste to purpose: Prudential Life advances no-plastic-use agenda with plastic recycled desk project
38 minutes -
Jerry Ahmed opposes use of athletes’ bonuses as Sports Fund sources
1 hour -
Water supply disruption looms as Weija Plant undergoes maintenance on Friday
1 hour -
Accra: Corn miller in court for planning to set Kantamanto shops ablaze
1 hour -
Over 1.3m young Ghanaians out of work or school – GSS
1 hour -
Merqury Quaye Live DJ Concert set for December 25 at Laboma Beach Resort
1 hour -
Six drivers arrested as AMA boss enforces approved public transport fares
1 hour -
Aephaniel Owusu-Agyemang: A journey of leadership, policy and economic purpose
2 hours -
Victory for Ghana’s forests: Civil society hails revocation of controversial L.I. 2462
2 hours -
HIV testing should be mandatory for employment in Ghana – Habib Iddrisu
2 hours -
The use of ‘olonka’ must end, we need proper measuring scale – Kofi Kapito
2 hours -
Gov’t bans mining in forest reserves; violators face up to 25 years in prison
2 hours -
Timely disability funds key to ending street begging — Oforikrom MCE
2 hours
