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The World Bank has pledged its support to Ghana in addressing the country’s pressing youth unemployment issue by backing a new Growth and Jobs Strategy aimed at creating opportunities for the more than 500,000 young people who join the job market each year.
This commitment was made following a high-level meeting in Washington, D.C., between the World Bank’s Managing Director of Operations, Anna Bjerde, and Ghana’s Minister for Finance, Dr. Cassiel Ato Forson (MP).
During the meeting, both parties agreed to work closely on the development and execution of the new strategy, which will focus on job creation, skills training, and inclusive economic development.
“This initiative reflects our shared priority of unlocking opportunities for young people,” said Bjerde. “We are proud to work with Ghana on a strategy that will create jobs and build a stronger, more resilient economy.”
Dr. Forson expressed appreciation for the World Bank’s commitment and highlighted the importance of targeted action to support the country’s growing youth population. “This partnership is a major step forward in our efforts to provide decent and sustainable jobs for our youth,” he noted.
The Growth and Jobs Strategy is expected to play a key role in Ghana’s broader efforts to drive economic growth while ensuring that young people are not left behind.