Answer:
Five economic and labour market measures that can be adopted by the
government of Ghana for economic recovery post COVID-19 are as
follows:
- Investment in sustainable infrastructure :
Government should start investing more on sustainable
infrastructure projects which not only helps in development of the
economy but provide jobs to the public so demand and supply will
remain in balance.
- providing economic stimulus to small and medium scale
industries and common public : As most of the small and
medium scal industries are mostly affected by this pandemic and
lockdown, stimulus package should be relaesed for small and medium
scal industries so that they can recover themself and helps in
economic development of the country. If they starts collapsing
whole economy will get collapse.
- Focusing on technology : Government should
focus on technology and using it to increase productivity, using
latest equipments in factories and agriculture which will increase
the productivity and GDO of the country.
- Promoting exports among the industries Ans saving local
businesses: Government should promote export of goods and
services which are abundant in country by providing them support in
the form of subsidy at the same time saving local businesses by
adding tarrifs on international goods.
- Providing employment to the people : To
increase the employment of the country various projects should be
taken by the givernment, public private partnership projects can
also be taken which will help to get economy up and running very
easily.
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