Economics Professor wants gov’t to ‘think through’ NABCO exit strategy

Associate Professor of Economics at the Economics Department of the University of Ghana has asked the government to make an effective exit strategy for beneficiaries of the Nation Builders Corps (NABCO) one of its priorities.

Associate Professor of Economics at the Economics Department of the University of Ghana has asked the government to make an effective exit strategy for beneficiaries of the Nation Builders Corps (NABCO) one of its priorities.

 

“[NABCO] initiators must think through the exit strategy,” Prof Baah-Boateng said on Joy FM/MultiTV’s news analysis programme Newsfile, Saturday.

He said providing an informed critique on the recently launched scheme to promote graduate employment is very difficult because a comprehensive document backed by background research has not been published.

He notes that without a proper exit strategy, the beneficiaries of NABco will add to the already straining public sector wage bill.

NABco thumbs up

 

lthough the scheme has been criticised as a political gimmick by some and a duplication of the job of the Youth Employment Authority (YEA), Prof Baah-Boateng said so long as the scheme targets unemployment challenges in the short-term, it is good.

“In unemployment issues, if you stay unemployed for a long time, you are not able to put your hand on something to do it is even more difficult to get a job,” the Economics professor said to defend the work experience that NABCO will provide beneficiaries.

“NABCO shouldn’t be driven by politics, and that is my concern. Many at times we don’t look at problems from the social and economic perspective…they come from politicians, sometimes on political platforms without doing research into it and when it comes into fruition, then it becomes a problem for all of us,” he counselled.

 

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