info.afrindex.com
China-Africa Trade Information Service
info.afrindex.com
China-Africa Trade Information Service
Photo from Adom Online
The Annual Industrial Fair and Exhibitions was hold on the last Tuesday with Vice President Mahamudu Bawumia making an speech.
The three-day event which saw about 100 companies mounting exhibition stands seeks to build international partnerships for value-added industrial and local content development.
The first and foremost thing in our quest to develop the economy and move Ghana beyond aid Bawumia stressed, "is the need to build strong fundamentals. A stable and predictable macroeconomic environment is the least that governments should do for the private sector to thrive."
Strengthening the macroeconomic fundamentals he said had therefore been the primary goal in the government’s management of the economy.
He pledged the commitment of the government to strive for a low and stable inflation rate, a low interest rate environment, a stable though not constant but predictable external value of the local cedi currency.
"The development priority for our country is to create jobs. It is against this background that the president has articulated a very ambitious program for industrial transformation," Minister for Trade and Industries Alan Kyeremateng noted.
The minister added that President Nana Addo Dankwa Akufo-Addo’s slogan of ‘Ghana Beyond Aid’ was a strong signal to the private sector in Ghana that indeed the development agenda in the country now lay in their (private sector’s) hands.
