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AfCTA General: Akufo-Addo Expresses Confidence In First Secretary

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AfCTA General: Akufo-Addo expresses confidence in first Secretary

 

 

 

President Akufo-Addo has expressed confidence in Wamkele Mene, the first elected Secretary General of the African Continental Trade Area (AfCTA).

According to the president, the expectation that the AfCTA would be the springboard needed for Africa’s economic transformation and rapid growth will be attained during Mr Mene’s tenure.

“The world is watching to see if the secretariat will indeed provide the springboard needed for Africa’s economic integration and rapid growth, and I’m sure under your tenure it will be so,” he stated.

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The president made the assertion during his address at the official commissioning and handing over of the AfCTA Secretariat to the African Union for the commencement of the free trade area agreement.

Speaking further at the function, President Akufo-Addo assured Mr Mene of Government of Ghana’s (GoG) firm support for his work and activities in the country.

Mr Wamkele Mene – a South African – is the first sworn-in Secretary General of the AfCFTA, as the Secretary General, he is expected to provide leadership and technical support to the AfCFTA Secretariat and overall management of the day-to-day functioning of the Secretariat.

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What governments all over the world are doing after COVID

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What governments all over the world are doing after COVID in 2022.

One of the most important ways that societies intervene to buffer the adverse consequences of socioeconomic disadvantage is through the provision of social assistance. Social assistance refers to government programs that provide a minimum level of income support to individuals and households living in poverty.

When people talk about people receiving public assistance – food stamps, disability, unemployment payments, and other government help – they often have stereotypes and inaccurate perceptions of who those people are and what their lives are like.

This view of some people is affecting policy for the growing ranks of our nation’s poor, says a new report from a joint project from Save the Children and the Center for American Progress. The report compares the U.S. means of measuring economic opportunity and poverty with the experience of other countries, including five peer nations on the same income scale. It shows that people in many peer countries are given assistance as a matter of public policy, and these nations tend to view welfare programs as a short-term emergency measure.

Many countries like the U.S and spend significantly more taxpayer money on assistance than peer countries. After a few years of assistance, people on welfare in the U.S. have a much more difficult time finding jobs, according to the recent National Survey of Transitional Assistance Providers. These programs lend support either in the form of direct cash transfers or through a variety of in-kind benefits (e.g. food stamps and rent subsidies). Social assistance has been shown to strengthen the purchasing power of the poor and raise their material standards of living.

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However, the government does not provide these social assistance programs to ensure marginalized populations are treated fairly, the report says. In fact, U.S. policy determines participation by significant factors, such as the stigma associated with poverty.

Many social programs determine eligibility before a person’s need for support. They include the U.S. Earned Income Tax Credit, which provides an additional tax refund to working families. Similarly, these benefits are made available only to the poor, as with food stamps and Medicaid eligibility. The report finds positive signs.

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Throughout the world, government assistance helps increase your odds of getting a job, incorporates receiving benefits (by lowering the barriers to receive), raises your wages, and reduces the chances of falling into poverty. This means people who receive the assistance are less likely to experience long-term poverty.

Some nations take a deliberate approach to the provision of social assistance because they view the social support system as integral to promoting social and economic mobility. In many cases, straight into the workforce programs and an expansion.

Access to jobs is crucial to moving families out of poverty. Unemployment and disability, for example, only benefit people when they work. A policy reform could make the social safety net more effective.

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African News

Nigeria Warns Of Possible Eid Al-Fitr Bomb Attacks

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Nigeria’s secret police have warned of possible bomb attacks during celebrations for Eid al-Fitr, which marks the end of the Islamic holy month of Ramadan.

In a statement, spokesperson Peter Afunanya said the Department of State Services (DSS) had uncovered a plot by suspected gangs to carry out attacks on critical infrastructure, places of worship and recreation centres.

The warning comes after recent explosions at bars in the north-eastern states of Taraba and Yobe that killed several people.

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A splinter faction of Boko Haram known as Islamic State West Africa Province (Iswap) said it carried out the attacks.

 

 

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Source: GhArticles.com

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Russia Cuts Off Gas Supplies To Bulgaria And Poland

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Russia Cuts Off Gas Supplies To Bulgaria And Poland

The Russian energy giant Gazprom says it has cut off all gas deliveries to both Bulgaria and Poland after both countries refused to start paying for the supplies in roubles.

Earlier, both Polish and Bulgarian energy providers said they had received official notices from the Russian gas supplier that deliveries were due to be cut.

Gazprom’s announcement comes after some confusion earlier this morning, when data showed gas supplies into Poland through Belarus temporarily reduced to zero before resuming.

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Bulgaria’s gas network had also said the country was still receiving Russian gas as of this morning.

We are yet to see any data of gas volumes into Poland or Bulgaria since Gazprom’s announcement just now.

 

 

 

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Source: GhArticles.com

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