Audio By Carbonatix
Finance Minister, Ken Ofori-Atta, says Ghana will continue with the great business environment to attract blue chip and multinational firms to grow the economy and create jobs.
The country already is a haven for giants such as Google, Twitter and automobile giants including Toyota and Volkswagen.
Speaking to CNN, Mr. Ofori-Atta said “if you look at the economy since 2017, I mean clearly, we went through the head wings and built quite a bit of resilience before the pandemic [Covid-19]. So, when Africa’s sort of first recession and contraction of about 2% occurred, we managed to achieve 0.4% growth.”
Furthermore, the Finance Minister said “and then the president [Akufo-Addo] employed us to put together a recovery package that we call it Ghana Cares Programme which is a ¢100 billion programme on accord of Gross Domestic Product, looking to revitalization of the economy and also the taking off smoothly of the Africa Continental Free Trade Agreetment; they’ve been here to create a regional hub”
“Twitter was able to come here because of these types of aggressive outward positions that we have. So, it’s really an issue of continuing over a great business environment where Google is here, manufacturing and assembling of VW and Toyota vehicles are happening here”, he added.
On the issue of Ghana being perceived of having a stable economy, the Finance Minister said the country has established a very enduring democratic environment which has brought stability to the economy.
He added that “the excitement really for us as a country is the demonstration that we are having and how we have tackled the Covid-19 problem; when it came in terms of the speed in which the president [Akufo-Addo] came out to state categorically that we do not know how to bring people back people to life, but we know how to fix the economy”.
Mr. Ofori-Atta also said AfCFTA is actually the next wave of independence for Ghana and the rest of Africa with regards to trade and investment.
Latest Stories
-
9 remanded for assaulting police officers in Obuasi
22 seconds -
Major roads in Ho West being constructed under the Big Push Project
4 minutes -
Franklin Cudjoe commends Mahama administration’s early economic management
7 minutes -
NPP’s Haruna Mohammed rates Mahama gov’t 1/10 over spending concerns
8 minutes -
Okere MP launches ‘Get Okere Walking’ tourism campaign at Adukrom Odwira
13 minutes -
Hungarian and Egyptian envoys pay courtesy call on Health Minister, propose €200k medical project
23 minutes -
Embassy of Ghana confirms ICE detention of Ken Ofori-Atta
25 minutes -
Nadji Abdul Salem Kanawetey
4 hours -
‘Hounded and harassed’: The former pop star taking on Uganda’s long-time president
9 hours -
V/R: 90-year-old man allegedly murdered
9 hours -
Semenyo named Man of the Match in flawless Manchester City debut performance
9 hours -
‘Humble’ Antoine Semenyo steals show in FA Cup mauling
9 hours -
Deputy AG confirms US authorities have helped Ghana to arrest one fugitive
9 hours -
US military strikes Islamic State group targets in Syria, officials say
10 hours -
Bob Weir, Grateful Dead co-founder, dies aged 78
11 hours
