February 5, 2023

The minority in parliament is worried that a hiring freeze in the public sector would make the already dire unemployment situation even worse.

That’s why they’re advocating for the government to weigh the current unemployment rate against the potential number of young people who may soon be out of work.

As part of cabinet orders for spending optimization in the 2023 Budget, the government has announced a block on recruiting into the public and civil service as of January 2023.

At a Post Budget Workshop in Ho, Volta Region, Minority Leader Haruna Iddrisu remarked that the 2023 Budget showed the country’s dire straits.

To paraphrase what I heard from the Honorable Minister of Finance, the 2023 budget statement is loaded with proof that the government is simply bankrupt and the economy is in crisis in Ghana. “Mr. Speaker, Ghana’s economy and as I listened to him. It’s an economy that’s been put on life support and has to be revived, he added.

READ ALSO: Akufo-Addo owes Ghanaians an apology; he’s a failure – Haruna Iddrisu

He also warned that measures taken by the government, such as limiting the number of new nursing and teaching students and decreasing the size of convoys, might make the economy even worse off.

Meanwhile, Majority Leader Osei Kyei-Mensah-Bonsu attributes the present economic problems to reasons like as foreign shocks and the devaluation of the cedi, both of which the 2023 Budget aims to address.

High inflation, unsustainable financing of the current economic deficit, and a quick depreciation of the cedi have all been caused by these (COVID-19 and the Russian-Ukrainian conflict). A lot of people, especially the poor and the vulnerable, have had it tough as a result of these changes,” he said.

He spoke on how the budget plans to help the situation of the Ghanaian people by allocating more funds for social protection programs.

 

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