Audio By Carbonatix
The flagbearer of the opposition National Democratic Congress (NDC), John Dramani Mahama, has promised to address the outstanding financial commitments owed to investors by the government should he be elected into office.
Speaking at the Foreign Direct Investment series in Accra, Mr Mahama emphasised the importance of fulfilling these obligations to restore investor confidence and uphold the sanctity of contracts in Ghana.
“A new NDC government shall respect the sanctity of contracts,” he assured. “Properly executed [contracts] that deliver value to the people of Ghana and to the investor.”
Mr Mahama acknowledged that the failure to honour these commitments has negatively impacted investor confidence, with many stakeholders voicing their concerns about the government's lack of follow-through on financial obligations for goods and services already provided.
Read more: Mahama vows to retrieve corruptly acquired funds and properties
“I have taken notice of this important issue and I want to assure all those in that situation currently that we will take an inventory of all that.
“Our government shall urgently work to resolve all these payment issues through a system that will be transparent and timely, just as happened when I was president.”
Mr Mahama's promise to settle unpaid debts aims to reassure both local and international investors of his commitment to creating a stable and reliable business environment in Ghana.
With his focus on transparency and timely resolution, Mahama hopes to attract and retain investment, fostering economic growth and development in the country.
Latest Stories
-
Powerful cyclone kills at least 31 as it tears through Madagascar port
1 hour -
GoldBod summons 6 gold service providers over compliance exercise
2 hours -
Power disruption expected in parts of Accra West as ECG conducts maintenance
2 hours -
Police investigate alleged arson attack at Alpha Hour Church
2 hours -
Heavy Sunday downpour wrecks Denyaseman SHS, schools, communities in Bekwai Municipality
3 hours -
Ridge Hospital is in critical condition – GMTF Boss appeals to corporate Ghana
3 hours -
Introduce long term measures to tackle challenges in cocoa sector – IERPP to government
3 hours -
Agricultural Economist proposes blended financing model to support cocoa sector
3 hours -
NPP MP warns against reducing producer price as government rolls out cocoa reforms
4 hours -
Tano North MP urges halt to grain exports over food glut
4 hours -
Farmers hopeful as government moves to expedite cocoa payments
4 hours -
Tensions at Agbogbloshie market women oppose AMA drain cleaning exercise, items confiscated
4 hours -
Lyse Doucet: In Tehran, rallies for Iran’s revolution overshadowed by discontent and defiance
5 hours -
Education Minister orders full audit of free sanitary pads in schools over quality concerns
5 hours -
IGP promotes 12,000 police officers, clears all backlog
5 hours
