The budget for 2022 is one of the best ever — Osafo-Maafo

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Copyright/Osafo Marfo/

The 2022 Budget Statement and Economic Policy, according to Senior Presidential Advisor Yaw Osafo-Maafo, is one of the best Ghana has ever produced.

The fact that this budget includes provisions for young employment through entrepreneurship, skills development, and the implementation of the Electronic Levy (E-levy) to fund entrepreneurship initiatives, according to the former Ghanaian Senior Minister, is enough to back up his allegation.
“Our year’s budget is, without a doubt, one of the best this country has ever created. Because there are two elements in it that are fundamental, and these are some entrepreneurship training that we are placing as part of the government’s role to ensure that the youth is financially resourced to be entrepreneurial, and that individuals cannot use their lack of cash as a handicap. That people can learn new skills and start their own businesses.

“The introduction of the E-levy is extremely critical. These two things in this budget, people must hail it, it is fundamentally a good document,” he said.

Yaw Osafo-Maafo made this known at the launch of the Ghana TVET Service today in Accra.

It will be recalled that on November 30, this year, when Parliament sat, there was the need for the House to form a quorum to be able to take any major decisions on the 2022 Budget Statement and Economic Policy, which had been rejected days before.

Under very controversial circumstances, and with Joseph Osei-Owusu, the First Deputy Speaker of Parliament, presiding over the proceedings of the day, on Friday, November 26, 2021, the rejection decision was overturned.