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“Expanding 1D1F Will Curb Unemployment” – Afenyo-Markin

Written by MsBoye

Minority Leader Alexander Afenyo-Markin has said that the government could have tackled Ghana’s rising youth unemployment more effectively if it had continued or expanded the One District One Factory (1D1F) initiative.

In an interview, he explained that abandoning the industrialisation programme, launched under the previous Akufo-Addo administration, has created a major gap in the government’s efforts to support private sector growth, job creation, and entrepreneurship.

“I think that the government did not take advantage of the goodwill that greeted it upon assumption of office. The 1D1F was one key policy decision that they should have sustained because in Ghana today, our main problem is unemployment.”

He added that one of the previous administration’s most important policy decisions under Nana Addo Dankwa Akufo-Addo was implementing the 1D1F policy, which promoted private sector participation in industrial development through tax incentives and investment support.”

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MsBoye

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