Korsi Dzokoto writes: Economic crisis among informal workers in Accra: Policy interventions needed – [Article]

Korsi Dzokoto writes: Economic crisis among informal workers in Accra: Policy interventions needed – [Article]

This challenge is characterized by a historic cost-of-living crisis that particularly affects those in informal employment sectors in Accra, where inflation and economic policy inadequacies have pushed nearly 850,000 Ghanaians into poverty.

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This scenario is particularly dire for those working in the informal sector, who typically lack social safety nets and whose earnings are not stable or protected against such economic shocks.

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The WIEGO report provides a comprehensive set of policy recommendations aimed at mitigating the economic hardships faced by informal workers in Accra, Ghana.

Cash Grant Programs: The expansion of cash grant programs is proposed to provide immediate relief to informal workers struggling with the high cost of living!

Support for Adult Education: Additionally, providing adult education and training programs can help current workers upgrade their skills or transition to more stable employment, thus fostering economic resilience

Regular assessment helps in tweaking and improving policies to ensure they effectively address the needs of informal workers and contribute to sustainable economic development

The plight of informal workers in Accra illustrates a broader global issue where those in informal employment are often marginalized in economic and social policies

Source: Citi Newsroom
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