Original Story Published by: Abubakar Ibrahim for myjoyonline.com
Photo Source: ©MyJoy Online
(Above) President Akufo-Addo has reiterated the country’s readiness for business and has urged investors from around the UK and the world to take advantage of the growing business-friendly climate in Ghana and invest.
He said since assuming power last year, his first order of business has been the implementation of economic policies to promote a business-friendly environment.
“This Government believes that growing the economy the right way, with a level playing field, is the best option for our country’s future, and that is what we are trying to do,” he said.
Speaking at the UK-Ghana Investment Summit Monday, at the Kempinski Hotel in Accra, the President noted that, within 21 months, his administration has worked hard to put the Ghanaian economy back on track.
A growth rate of 8.5% in 2017, the attainment of single-digit inflation, a relatively stable currency despite the challenges of a strong dollar, reduction of lending rates, and the implementation of policies such as the paperless port system, e-business registration system, and the mobile interoperability system, which are helping to formalize the Ghanaian economy, lowering the cost of doing business and cutting down excessive bureaucracy, are examples of some of the steps being taken to revive the Ghanaian economy.
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