YEA lease rates soar from GH¢3.2m to GH¢5.5m
The Public Accounts Committee (PAC) of Parliament has raised concern over a sharp 72% increase in rent payments by the Youth Employment Agency (YEA), which rose from GH¢3.2 million in 2023 to GH¢5.5 million in 2024.
YEA management explained that the payments began after the Ministry of Works and Housing, in 2023, handed over the facility currently occupied by the Agency to Messrs K&A Developers as private managers.
Appearing before the Committee on Friday, August 22, 2025, YEA officials came under scrutiny for failing to speak out against the steep rise in rental costs.
Responding to the Committee, the Minister for Youth Development and Empowerment, George Opare Addo, said discussions were ongoing with the Office of the Chief of Staff to secure a permanent office space for the Agency in order to ease the financial burden.
“The CEO and I have engaged with the Chief of Staff on getting permanent accommodation for the YEA. In due time, we will report to this august House on the plans made and the facilities made available to the Agency,” he assured.
