The total number of private sector Social Security and National Insurance Trust (SSNIT) supporters increased by 2.7 percent to 1,007,341 in May 2024, contrasted and 980,808 for a similar period in 2023, the Bank of Ghana’s Financial Contract Report – July 2024, has said.
Aggregately, the report said, for the initial five months of 2024, the complete number of private area benefactors expanded by 4.8 percent to 5,063,676, from 4,829,487 kept over the relating period in 2023.
As to occupations, the report said the quantity of positions publicized in chosen print and online media, what somewhat measures work interest in the economy, remained generally unaltered in June 2024 comparative with what was seen in the relating period a year prior. Altogether, 2,968 work adverts were recorded as contrasted and 2,993 for a similar period in 2023.
“Aggregately, for the primary portion of 2024, the complete number of promoted positions went up by 2.4 percent to 17,278, from 16,866 recorded during a similar period in 2023,” it said.
The report additionally expressed that modern utilization of power declined possibly by 1.2 percent in May 2024 to 295.71 gigawatts, as against 299.23 gigawatts recorded for the relating time frame in 2023.
In combined terms, the report said, power consumed by businesses for the initial five months of 2024 diminished by 7% to 1,399.80 gigawatts, from 1,505.47 gigawatts for the relating time frame a year prior.
With assembling exercises the report said that exercises in the assembling sub-area, checked by patterns in the assortment of direct duties and confidential area laborers’ commitments to the Social Security and National Insurance Trust (SSNIT) Annuity Plan (Level 1), worked on in May 2024.
Absolute immediate duties expanded by 43.7 percent (year-on-year) to GH¢4.11 billion in May 2024, comparative with GH¢2.86 billion kept in May 2023, it said.
Aggregately, the report added, complete direct charges gathered for the initial five months of 2024 went up by 31.6 percent to GH¢22.19 billion, contrasted with ¢16.86 billion kept in the initial five months of 2023. As far as commitments of the different sub-charge classifications, annual expense (PAYE and independently employed) represented 48.8 percent, corporate duty represented 38.4 percent, while “other assessment sources” contributed 12.8 percent.
“All out confidential area laborers’ commitment to the SSNIT Annuity Plan (Level 1) expanded by 39.6 percent in yearon-year terms to GH¢470.92 million in May 2024, comparative with GH¢337.23 million gathered during the relating time frame in 2023. Aggregately, for the initial five months of 2024, the commitment developed by 28.8 percent to GH¢1.97 billion, comparative with GH¢1.53 billion kept in a similar period in 2023,” the report said.
Movement in the development sub-area, impelled by the volume of concrete deals, expanded by 10.6 percent (year-onyear) to 235,050.55 tons in May 2024, up from 212,584.38 tons recorded a year prior. On a month-on-month premise, complete concrete deals expanded by 13.2 percent in May 2024 contrasted and the 207,691.74 tons kept in April 2024.
Nonetheless, for the initial five months of 2024, deals declined hardly by 2.3 percent to 1,132,654.32 tons, from 1,158,854.69 tons for a similar time of 2023. The overall improvement in absolute concrete deals, year-on-year, was because of an increase in development exercises during the survey time frame.
With vehicle enrollment, the report said that transport area exercises, measured by new vehicle enlistments by the Driver and Vehicle Authorizing Authority (DVLA), expanded year-on-year by 36.1 percent to 16,220 in May 2024. Aggregately, the quantity of vehicles enrolled by the DVLA inside the initial five months of 2024 expanded by 10.2 percent to 83,878, from 76,115 recorded a year prior.
“Traveler appearances worked on by 12.7 percent in year-based on year conditions to 98,205 in May 2024, up from 87,156 appearances recorded a year prior. Contrasted with April 2024, traveler appearances went up by 8.1 percent. For the initial five months of 2024, there were 497,048 appearances recorded at the global air terminals and the land borders, contrasted and 419,206 for the relating time frame in 2023, addressing a development of 18.6 percent.
“Global exchange at the country’s two fundamental harbors (Tema and Takoradi), as estimated by loaded holder traffic for inbound and outbound compartments, improved during the period under survey. Complete holder traffic expanded by 9.4 percent, year-on-year, to 59,639 in May 2024, up from 54,538 in May 2023. In aggregate terms, absolute compartment traffic for the initial five months of 2024 went up by 14.2 percent to 284,745.”