Ghanaians will soon reap from govt policies President

Archbishop Duncan Williams interacting with President Akufo-Addo during the International Summit in Accra. Seated with them are Bishop TD Jakes and his spouse.

Archbishop Duncan Williams interacting with President Akufo-Addo during the International Summit in Accra. Seated with them are Bishop TD Jakes and his spouse.

Ghanaians will soon reap the benefits of more jobs and better living conditions from the policies the government has instituted to stimulate economic growth, President Nana Addo Dankwa Akufo-Addo has said

 

“We have begun to act on the fundamentals of our economy. This has resulted in the growing stability of the macro-economy and the cedi, reduction in inflation, and an abolition of nuisance taxes whose aim is to shift the focus of the economy from taxation to production”.

 

“All these measures are being undertaken to stimulate enterprise activity and growth. Very soon, we shall reap the benefits of more jobs and an expanding economy,” he said.

 

President Akufo-Addo said this at the Africa Business Leadership and Kingdom Summit at the Action Chapel International Church in Accra yesterday.

 

The summit was attended by eminent clergy and an array of business leaders from Ghana and abroad.

 

Notable among them were Bishop T.D. Jakes from the United States, Archbishop Nicholas Duncan Williams, among others.

 

President Akufo-Addo said the preoccupation of the government, over the last seven months, had been to put in place programmes and policies geared towards building the most business-friendly economy in Africa to make the country a magnet for investment.

 

“We have begun establishing the relevant policy framework that will help businesses to expand and create jobs, with the view, also, to promoting the growth and development of entrepreneurship. We are doing this, by keeping firmly in our minds, in particular, the needs of our young people,” he said

 

During the past few decades, he said, the countries that had made rapid economic strides had been the ones that had encouraged high levels of investment in entrepreneurial development.

 

He stressed the need for the country to learn from the global trend and promote a conducive and business-friendly environment in our country

“It should not really be a difficult thing for us to do. The wealth of this nation was built on the private sector and the entrepreneurial spirit of the Ghanaian people. Ghanaians are renowned for their sense of enterprise, creativity and innovation, and the moment has come to reinvigorate that culture,” he said.

 

He expressed the commitment to change the economic conditions of the country for the better for young people to see the country as a place of opportunities, instead of the place from which they flee at the peril of their lives.

 

He said the government would do everything within its power to create an entrepreneurial climate, to enable young people to come up with creative ideas that could be developed into businesses.

 

“Government has begun putting in place policies that will deliver sustainable growth and cut out corruption. We have begun to build a Ghana that is able to look after its people through intelligent management of the resources with which it has been endowed by the Creator; a Ghana which is governed according to the rule of law, respect for individual liberties and human rights, and the principles of democratic accountability. This is our path, and this path offers a new Ghana,” he said.

BY YAW KYEI

 

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