The World Bank has pledged its support for Ghana’s efforts to tackle youth unemployment by backing a new Growth and Jobs Strategy. The initiative aims to create opportunities for over 500,000 young people entering the job market annually.
The announcement followed a high-level meeting between Anna Bjerde, World Bank Managing Director of Operations, and Ghana’s Finance Minister, Dr. Cassiel Ato Forson.
The two leaders discussed plans to collaborate on the design and implementation of the strategy, focusing on job creation, skills development, and inclusive economic growth.
“This initiative reflects our shared priority of unlocking opportunities for young people,” Bjerde said.
“We are proud to work with Ghana on a strategy that will create jobs and build a stronger, more resilient economy” she added.
Dr. Forson welcomed the support, emphasizing the need for bold interventions to address the growing number of job seekers.
“This partnership is a major step forward in our efforts to provide decent and sustainable jobs for our youth,” he said.