Ghana Government To Announce Unemployment Benefit Scheme - Foreign Affairs

Ghana Government To Announce Unemployment Benefit Scheme - Foreign Affairs - Nairaland

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Ghana Government To Announce Unemployment Benefit Scheme by RandomAfrican1(op): 7:27am On Jul 20, 2020

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Ghana‘s Finance Minister, Mr. Ken Ofori-Attah has disclosed that the government is working to roll out an unemployment benefit scheme soon.

He says this move by the government has been necessitated because of the unfortunate impact that the corona virus pandemic has had on the state of workers’ welfare. This coupled with lay offs and increased unemployment has given rise to the need for the government to put measures in place to ameliorate the economic impact of the times.

Source; https://africaatrandom.com/ghana-government-to-announce-unemployment-benefit-scheme/

“As a responsible society we should have such a program to cushion Ghanaians when needed,” he said.

In a conversation with Joy PM Express news, the Mr. Ofori-Attah said that the fine details of the scheme would be announced in a few days, on the 23rd of this month, when he goes to parliament to present the mid-year budget review.

He says that this is one of the government’s efforts in playing a role to see to it that the vulnerable in society are given a helping hand in their times of need.

it is however unclear how the Ghana government intends to finance the project.

Ghana Government Stimulus Package for Businesses
The government of Ghana also intends to roll out stimulus packages for businesses and industries, the minister revealed.

This would be captured under the government’s COVID-19 Alleviation Program. It is an initiative which would be unveiled soon as a way to fast track the economic recovery of the country due to the harmful economic effects of the COVID.

The government had earlier rolled out a $1 billion stimulus plan for small businesses to seek relief from the effects of the pandemic. The new round of funds would be targeted at larger businesses.

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