Government payroll is full, 60% of revenue paying 650,000 people – Ofori-Atta


The Minister of Finance, Ken Ofori-Atta, has educated the 2021 graduating class regarding the University of Professional Studies-Accra (UPSA) that the public authority’s finance is full – making it impractical to continue to add to business figures in the public area, henceforth the need to make their own positions.


As indicated by him, the public authority’s job is to establish the required empowering climate, set up miniature solidness and guarantee that residents have the right range of abilities – and that is the thing that the public authority will do: center around the adolescent and financial plan for their requests.


“The future for you with respect to occupations what is really significant for you at this stage, and we have gone through a period when a great many people search for a task from government or state organizations, however that finance is full.

“I can let you know that since we are spending around 60% of our income on renumerating about 650,000 individuals, and that isn’t economical,” he said.

The money serve additionally showed that business, range of abilities and credit are the significant things required in the blend to guarantee maintainability for the young and deal them a chance to make their own way to riches.


As indicated by the pastor, schooling is a stepping stool to social versatility just as monetary and social flourishing, offering recipients the chance to help society – adding that it is significant for the alumni to recognize the advantage of getting to four years of tertiary instruction and give a valiant effort to affect society through the change and recharging of their brains.

CEO Ghana National Petroleum Corporation (GNPC), Dr. K.K. Sarpong, in his location at the graduation function, accentuated that it is significant for the alumni to get 21st-century abilities and center skills which will improve their employability and headway in vocation.

He accentuated that, at present, businesses look for graduates who have in excess of a college degree, as they consider fundamental abilities like innovativeness, advancement, basic reasoning, coordinated effort, cooperation, correspondence, compassion and computerized education, among others, as fundamental abilities for powerful individual execution.

“These fundamental abilities support the capacities for versatile and positive conduct that guides in managing the difficulties of daily existence, especially work. It is consequently significant that graduates procure fundamental abilities as referenced,” he said.

Dr. K.K. Sarpong further singled-out computerized education and showed that this is a time of digitisation wherein mechanization, man-made reasoning and the utilization of programming has ruled the conveyance of bookkeeping and monetary administrations, henceforth the requirement for them to outfit themselves with these abilities to remain significant hands on market.

He further expressed that reevaluating of capacities like acquirement, finance, tax assessment, annuities and advantages, enlistment and preparing has turned into another ordinary under COVID-19, subsequently the requirement for them to react quickly to that pattern.

“I urge you to set up your own organizations to take advantage of the becoming reevaluated monetary and business administrations. Be innovative, for your preparation here has given you the stuff to do that,” he said.

The Vice-Chancellor of UPSA, Prof. Abednego F.O. Amartey, showed that for the 2020/2021 accomplice UPSA is graduating a sum of 3,640 understudies – containing 793 postgraduates, 2,054 students and 793 confirmation understudies.

He implored them to be commendable ministers of the school, displaying the qualities and principles soaked up in them.

“As an advertiser, my splitting words to you are recollect these four Ps – be positive, principled, proactive and useful,” he said.

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