2022 Budget To Empower The Youth – Dep. Finance Minister

There’s been some concerns raised about the 2022 Budget released last week with critics touting that, the Budget would deepen the economic hardship on the citizenry.

Deputy Minister of Finance, John Ampontuah Kumah has repudiated such claims – insisting that the 2022 Budget is geared at developing the nation, alleviating poverty and empowering the youth among other benefits.

In a meeting with some social media influencers, Hon. Kumah, who is also the Member of Parliament for Ejisu and the Vice- Chairman of the Constitutional, Legal & Parliamentary Affairs – offered a thorough breakdown of the Budget and highlighted some of the provisions that would ameliorate the living conditions of the populace while ensuring that the country is ‘fixed’.

He disclosed that a staggering amount of Ghc10billion would be committed to empower the youth where young entrepreneurs would have easy access to loans and grants to uplift their respective businesses.

The Budget would also offer an inestimable level of job creation to curtail the surge of unemployment bugging the country.

On the much-talked-about E-Levy, Hon. Kumah explained that, the levy is on three (3) elements; mobile money transactions, remittance and E-commerce.

He explained that the levy would fetch the country an amount of Ghc 6.9billion yearly; which would facilitate the development of the country.

According to him, the levy is not excessive, would protect the poor and offer some waiver to the rich – making it all-encompassing in catering to the needs of every citizen.

He defended the abolition of the Toll Booths across the country – explaining that, the system was unproductive, considering the traffic it caused, fuel consumption and the inconvenience it caused for commuter.

On the fate of road toll workers, the Minister stated that, they are still employed with Highways Authority and would be re-assigned accordingly.

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