The New Patriotic Party’s (NPP) Director of Communications, Mr. Richard Ahiagbah, is urging support for the economic recovery plan outlined in the Post Covid-19 Programme for Economic Growth. He highlighted the government’s strong recovery plan within the framework of the International Monetary Fund (IMF) bailout and called for collective efforts to ensure its successful implementation.
Echoing this sentiment, Vice President Dr. Mahamudu Bawumia emphasized that Ghana’s economy is back on track. He encouraged foreign investors to seize the investment opportunities available in various sectors of the Ghanaian economy. Speaking at the 3rd Ghana Investments and Opportunities Summit in London, Dr. Bawumia acknowledged the challenges posed by high global inflation, financial stress, and disruptions in the manufacturing supply chain caused by the pandemic and climate change.
Dr. Bawumia emphasized the government’s commitment to balancing sound fiscal management with strategic public investments that stimulate growth. Recognizing the private sector as the engine of growth, he assured its stakeholders that the government’s role is to facilitate and support their endeavors. By removing obstacles and directing limited resources to strategic sectors and projects, the government aims to create a conducive environment for private investment and promote Ghana’s economic expansion.
The Investment and Opportunities Summit serves as a platform to demonstrate that Ghana is on a positive trajectory and offers lucrative prospects for private investments in key sectors. Dr. Bawumia highlighted the significance of Ghana’s ports, particularly the efficient Tema port in the east, which caters to the landlocked ECOWAS countries. Additionally, the transformation of the Takoradi port in the west presents opportunities for investments in logistics, oil and gas, and related industries. The development of Takoradi port aims to alleviate congestion in Tema and establish a strong case for increased vessel berthing.
In summary, Mr. Richard Ahiagbah and Vice President Dr. Mahamudu Bawumia are advocating for support and engagement in the government’s economic recovery plan. They emphasize the government’s commitment to fiscal management, strategic public investments, and facilitation of the private sector. The Investment and Opportunities Summit showcases Ghana’s growth potential and highlights key sectors, including the country’s efficient ports and their role in regional trade.
Source – 3news.com
