Business

‘Work hard to attract investment and increase revenue’

The reconstituted boards of three state organisations under Ministry of Finance were inaugurated in Accra yesterday with a call on them to work hard to increase government revenue, attract investment and spur the growth of the economy.

The organisations are Securities and Exchange Commission (SEC), Ghana Revenue Authority (GRA), Social Security and National Insurance Trust (SSNIT).

The 11-member  SEC Board which is chaired by Dr Yeboa Amoa the founding Managing Director the Ghana Stock Exchange, has Reverend Daniel Ogbarmey Tetteh, Mrs Deborah Mawuse Agyemfra, Paul Kwabena Ababio, Mrs Elsie Addo Awadzi, and Sampson Akligoh as members.

The others are Mrs Jemima Mamaa Oware, Yaw Acheampong Boafo, Augustine Addo, Professor Joe Amoako-Tuffour and Deila Awo-Yaa Assimeh as members.

The 13-member SSNIT Board Chaired by Elizabeth Akua Ohene, has Dr John Ofori-Tenkorang, Dr Emmanuel Adu-Sarkodee, Daniel Acheampong, John Senanu Amegashie, Dr Evans Agbeme Dzikum, Ivy Betur Naaso, Joshua Ansah and Benjamin Odoteye Asumang, as members.

Also on the SSNIT Board are Mrs Abena Osei-Asare, Peter Osei Duah, Gloria Irene Amaki Payida and a Security Services Representative, which is pending.

The 9-member GRA Board is chaired by Dr Anthongy  Oteng-Gyasi,    has Ammishadai Owusu-Amoah, Adelaide Ahwireng, Reverend Professor Pter Ohene Kyei, Kwabena Boateng, Mrs Dela Obeng-Sakyi, Dr Maxwell Opoku-Afari, Nana Ama Dokua Asiamah-Adjei and Ministry of Finane Represenatative, which is pending.

Finance Minister Ken Ofori-Atta, who made the call in Accra yesterday, during the inauguration of the boards, congratulated the board members of the various organisations for availing themselves to serve the country.

He said the task ahead was huge and challenging and urged the new board members to work hard to address the challenges facing the country.

Mr Ofori-Atta indicated that there was a huge gap in the short to long term revenue needs of the country.

To this end, the Minister entreated the board members to put in their best to attract more investment and investors into the country, as well as improve revenue collection for the country.

Mr Ofori-Atta urged the SEC Board to work hard to attract more investment in into the country and position the country’s securities as the preferred destination of investment in the Sub-Region.

To the GRA, the Finance Minister urged them to initiate strategies to raise GHC30 billion between now and 2023 for the GhanaCARES Obaatanpa Programme.

Mr Ofori-Atta also entreated the SSNIT Board to work hard to ensure that employers registered their workers on pension schemes to enable the employees enjoy retirement income security.

He also urged them to ensure that the pension funds were invested prudently to generate better returns so SSNIT could pay workers when they retire.

The Chairpersons of the various boards pledged on behalf of their colleagues to work hard to justify the confidence reposed in them.

BY KINGSLEY ASARE

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