The Parliament yesterday passed into law the Youth Employment and Entrepreneurial Development Agency (GYEEDA) Bill 2014 to develop, coordinate, supervise and facilitate the creation of jobs for the youth.
The Bill is intended to restructure and ensure proper oversight and efficiency in the management of the Agency.
The Bill covers aspects such as sources of funding for the agency and its application, tenure of office of members as well as the development of programmes.
The Minister for Employment and Labour Relations, Haruna Iddrisu, moved the motion for its passage and was seconded by the MP for Wa West, Joseph Yileh Chireh, through a voice vote.
Some of the funding provisions in the Bill include 80% communications service tax, 15% of the District Assembly Common Fund and 5% of GETFUND.
The Bill also empowers the various political heads in each region, including regional ministers and District Chief Executives (DCEs) to determine who benefits from the agency and permits managers of the agency to raise funds through gifts and donations.
The President is expected assent to the Bill in accordance with Article 106 of the constitution, within a week.
Former President John Kufuor administration instituted the National Youth Employment Programme, (NYEP) but the programme was transformed into GYEEDA under the Mills administration.
The programme set up to lessen the economic pressure on the unemployed youth in Ghana and provide them with skills and short-term jobs.
Source: ISD (Gilbert Ankrah)