YEA allocation to hit GH¢2bn in 2027 to boost youth employment – Ato Forson

The government's allocation to the Youth Employment Agency (YEA) is expected to increase from approximately GH¢600 million in 2026 to GH¢2 billion in 2027, Finance Minister Dr Cassiel Ato Forson has announced.

Speaking on the Citi Breakfast Show on Friday, November 13, Dr Forson said the significant increase in funding would enable the agency to expand employment opportunities and introduce additional programmes to tackle youth unemployment.

He said the decision forms part of the government's broader strategy to improve livelihoods while strengthening the productive capacity of the Ghanaian economy.

The Finance Minister explained that the government was prioritising investments that would create jobs, generate income and provide sustainable economic opportunities for young people.

He added that the administration was pursuing its social intervention programmes alongside infrastructure development and investments in productive sectors.

According to Dr Forson, the government's broader objective is to transform the structure of the economy by building its capacity to generate sustainable employment and income, rather than relying solely on interventions that provide immediate financial relief.