The Public Sector is full, start your own jobs – Finance Minister to Graduates

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Ken Ofori-Atta
Ken Ofori-Atta

The Government of Ghana through the Ministry of Finance says the Public Sector is full and cannot absorb more graduates into the system.

Explaining the situation on behalf of President Nana Addo Dankwa Akufo-Addo’s New Patriotic Party government, the Minister for Finance, Mr. Ken Ofori-Atta has advised graduates to venture into entrepreneurship as a way of creating their own jobs because the government payroll system is at its equilibrium.

According to the Finance Minister, the New Patriotic Party government is spending about sixty percent (60%) of its revenue on remunerating 650,000 graduates.

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Speaking at the 2021 graduation ceremony of the University of Professional Studies, Accra (UPSA), Mr. Ken Ofori-Atta explained that, the payroll system is full to the extent that, adding more graduates to the existing public sector payroll will be unsustainable.

He believes that, it is government’s role to create the needed enabling environment, establish micro-stability and ensure that citizens have the right skillset.

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Ken Ofori-Atta said “most people look for a job from government or state institutions, but that payroll is full. I can tell you that because we are spending about 60 percent of our revenue on remunerating some 650,000 people, and that is not sustainable.”

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“The future for you in regard to jobs is the most important thing for you at this stage, and we have gone through a period when most people look for a job from government or state institutions, but that payroll is full. I can tell you that because we are spending about 60 percent of our revenue on remunerating some 650,000 people, and that is not sustainable.”

SOURCE: Coverghana.com.gh

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