THE BUDGET AND JOB CREATION

One major problem facing the country today is job creation. Many young people, after their education and training, find it difficult to get jobs.

Without job opportunities, these young people become frustrated in life, and therefore, unable to realise their dreams.

Fortunately, the 2017 budget outlines a project under the name, “one district, one factory” with the aim of creating jobs for the teeming unemployed people in the country.

According to the Finance Minister, Mr. Kenneth Ofori-Atta, a budget allocation of GH₵ 456.3 million will be used to facilitate the implementation of the project, expected to be driven largely by the private sector.

An analysis of the project shows that each district will be able to create 1,620 direct and indirect jobs across the country. In total, therefore, “the one district, one factory” project will generate 3,500 direct and indirect jobs across the country.

Further explanation has been given to the effect that the project will be closely intertwined with the government’s National Industrial Revistalisation Programme. This programme is designed as a comprehensive platform for rural industrialisation and it is to be driven by the private sector.

In fact, “the one district, one factory” project is a step in the right direction, in the sense that it is very creative and innovative. The project needs to be implemented to the full, so as to create the needed job opportunities for the youth of this country.

It is only through the establishment of the factory or a processing plant that value will be  added to identifiable natural resources found in each district.

As these natural resources are processed into finished goods, the Times is optimistic that they will help increase the wealth of this country.

Another good thing is that the factories or industries will not be found in only one part of the country, but will be evenly spread to stimulate economic activities in all parts of the country and thereby, increase exports and foreign exchange earnings.

The Times has the conviction that the “one district, one factory” concept is a big dream that must be made to succeed by all means. Seeing it as a good and achievable project, policy makers with the support of the private sector must do all they can to make the project achievable.

If Ghanaians do not work for the much-needed wealth for their own country, nobody will do it for them. This explains why we must all work hard enough and also remain focused towards the building of the factories aimed at internally-induced economic growth and prosperity for the country as a whole.

The time has come for the country to move forward and nothing should stop us from attaining this noble objective of job and wealth creation for the teeming youth of this country.

 

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