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14.08.2014 Press Release

Ensure Equitable Distribution Of YES Fund

By Youth Institute for Democratic Initiative (YIDI-GHANA )
Ensure Equitable Distribution Of YES Fund
14.08.2014 LISTEN

The Youth Institute for Democratic Initiative (YIDI-GHANA ), wishes to congratulate President John Mahama and government for setting up the Youth Enterprise Support (YES ) fund to help tackle the menace of graduate and youth unemployment in the country. In a country where it's future leaders the youth, have turned to streetism due to lack of jobs and difficulties in acquiring start up capital, this initiative can only be praised by a youth hungry for success.

YIDI Ghana however appeals to government to ensure the equitable and fair distribution of the Gh¢10 million seed capital devoid of partisan considerations. Deserving Ghanaian youth with creative entrepreneurship abilities must equally be considered irrespective of party affiliation or region of birth.

We believe strongly that the success of this initiative will be measured by the success of the beneficiaries hence the need for selecting the right and qualified people to access the fund to ensure it's success.

Again,YIDI Ghana is unhappy about government's decision to set up another secretariat to manage a fund for the Youth when the office of the National Youth Authority is still functional and existent.

Government could have saved enough money as staff of the National Youth Authority are already on government payroll and as such wouldn't require government spending millions on setting up new offices and paying new staff to manage the fund.

Finally we call on government to consider increasing the seed capital for the fund to increase the number of beneficiaries. The Gh¢ 10 million is good but highly inadequate for a country with a youthful population of 15 million.

We also call on the youth of Ghana to adequately prepare themselves with feasible business plans and proposals in order to access the fund.

God bless our homeland Ghana and make the youth great and strong.

Signed.......

Michael Kwadwo Nketiah

Director of Communications YIDI Ghana

0244 509345

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