NABCO Personnel to Be Paid, & Integrated into YouStart – MYBR

NABCo Personnel to Be Paid, & Integrated into YouStart:

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The government will use today’s mid-year budget review (MYBR) to address the myriad of challenges facing the Nation Builders Corps (NABCo) programme that was introduced in 2018 to provide jobs for the teaming youth.

The Finance Minister, Mr Ofori-Atta, is expected to announce these and other youth-centered policies today when he appears in Parliament to present his sixth in the row MYBR.

It is expected that it would announce a comprehensive exercise to integrate the beneficiaries into the YouStart programme, another initiative of the government.

The exercise would also help to clear the outstanding arrears owed the thousands of young people engaged under the programme in the coming months, as part of efforts to ease the burden of the youth.

Sources said the integration of the NABCo personnel into the programme would help to strengthen it while addressing the issues of allowances that have long bedeviled that programme.

About YouStart

Announced in the 2022 budget, the YouStart programme is a novelty by the government to promote entrepreneurial activities and provide jobs, particularly for the youth.

It is the government’s special purpose vehicle to provide funding and technical support to the youth and youth-led enterprises to assist them start, build and grow their own businesses.

Mr. Ofori-Atta told Parliament earlier this year that the government, in collaboration with the National Entrepreneurship and Innovation Programme, the Ghana Enterprises Agency, faith-based organisations, and financial institutions, will provide loan packages ranging from GH¢50,000 – GH¢500,000 to youth-led enterprises and Small and Medium-scale Enterprises (SMEs) under the YouStart initiative.

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He said such businesses would also be supported with technical skills, training as well as mentoring, to enable them to develop commercially viable enterprises.

The minister was optimistic that these would lead to an increase in economic activities and contribute to the reduction in the cost of living as incomes are earned and output is produced.

NABCo Personnel to Be Paid, & Integrated into YouStart.

Source: Daily Graphic

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