YEA records GH¢110.4m surplus after turning around 2024 deficit - State Ownership Report

The Youth Employment Agency (YEA) achieved a significant financial turnaround in 2025, shifting from a GH¢77.58 million deficit in 2024 to a GH¢110.45 million surplus. According to GBC Ghana, this improvement represents an increase of approximately GH¢188.03 million.

The turnaround was primarily driven by a 52.9 per cent increase in revenue, which outpaced an 18.6 per cent growth in expenditure, as reported by both 3News and GBC Ghana. GBC Ghana also noted that income from the Communication Service Tax rose by 27.5 per cent, from GH¢472.13 million in 2024 to GH¢602.01 million in 2025, while GETFund receipts increased by 159.7 per cent from GH¢115.50 million to GH¢300 million.

Despite the surplus, YEA faced challenges, including revenue concentration risks and a sharp increase in staff-related costs, which rose by 79.6 per cent to GH¢185.48 million. However, the Agency's surplus margin improved from negative 13.13 per cent in 2024 to a positive 12.23 per cent in 2025, and its short-term solvency also showed significant improvement, with the current ratio rising from 1.94:1 in 2024 to 20.05:1 in 2025, as per GBC Ghana.

Brief written by urgent.news from 3News, MyJoyOnline Ghana, GBC Ghana — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.