YEA records GH¢110.4m surplus after turning around 2024 deficit – SIGA report

The Youth Employment Agency (YEA) reported a significant financial turnaround in 2025, transitioning from a GH¢77.58 million deficit in 2024 to a GH¢110.45 million surplus in 2025. This improvement is attributed to a substantial increase in revenue, which grew by 52.9 percent, outpacing the 18.6 percent growth in expenditure. Key contributors to the revenue surge include the Communication Service Tax, which rose by 27.5 percent, and GETFund receipts, which increased by 159.7 percent.

Despite staff-related costs rising sharply, the Agency managed to improve its surplus margin from negative 13.13 percent in 2024 to a positive 12.23 percent in 2025. This financial turnaround is further bolstered by notable improvements in short-term solvency, with the current ratio increasing from 1.94:1 in 2024 to 20.05:1 in 2025.

Additionally, the Agency's long-term financial position strengthened, with the debt-to-asset ratio falling significantly from 0.26:1 to 0.04:1.

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