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Owusu Gideon

11 months ago

WE’LL ENSURE JOBS ARE STABLE IN ECONOMIC RECOVERY – OFORI-ATTA

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Politics

11 months ago

The Finance Minister, Ken Ofori-Atta, has given the assurance that the occupations of citizens are safe as the government works to resuscitate the economy.


Speaking at a press briefing on Sunday, Mr Ofori-Atta was optimistic that despite the conditionalities to be met by seeking the support of the International Monetary Fund (IMF), jobs will be prioritised.


“Government is very intentional in ensuring that growth and job creation are not sacrifice in the process of restoring macroeconomic stability and debt sustainability,” he said.According to him, specific interventions to support the economic recovery process have been put in place to safeguard local businesses and the jobs of the populace.


The strategies include improving the business environment, reducing the costs of doing business and enhancing export competitiveness.


In addition, Mr Ofori-Atta said local content legislation will be reviewed to encourage FDI while leveraging the opportunities offered by the Africa Continental Free Trade Area (AfCFTA).He further highlighted that; “To promote entrepreneurship through initiatives such as the Ustart Programme to create more jobs, for the banking sector and faith-based organizations


Fast-tracking the implementation of key growth-oriented programs under the Ghana Cares Obaatanpa program. These programs include economic anklet projects, to enable self-sufficiency in rice, maize, vegetables and poultry, and support in large-scale agriculture and agribusiness interventions through the Development Bank of Ghana.


Transitioning to a digital economy to boost productivity, tax collection and formality,


Expanding digital government services and promoting the BOGs is a digital currency, will support, digitalization and financial inclusion, have adequate safeguards in place and strengthen policies to support climate change adaptation and mitigation for inclusive growth.Fast-tracking the implementation of key growth-oriented programs under the Ghana Cares Obaatanpa program. These programs include economic anklet projects, to enable self-sufficiency in rice, maize, vegetables and poultry, and support in large-scale agriculture and agribusiness interventions through the Development Bank of Ghana.The strategies include improving the business environment, reducing the costs of doing business and enhancing export competitiveness.

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