WE ARE COMMITTED TO TRANSFORMING THE ECONOMY OF GHANA—AKUFO ADDO

The President of the Republic of Ghana, Nana Addo Dankwa Akufo-Addo, has reiterated his government's commitment to building a Ghana that is able to look after its people through intelligent management of the resources with which it has been endowed by the Creator.

 

"This is our path, and this path offers a new Ghana; we were tasked to establish a strong economy, which would generate jobs and improve the living standards for our people,” President Akufo-Addo said.

 

The President said his government's success or failure would be judged by the capacity of the economy under his watch to provide opportunities, to inspire people to start new businesses, to encourage businesses to invest, grow and expand, and, above all, to create jobs.

 

He was delivering the keynote address at the Africa Business Leadership and Kingdom Summit in Accra, which brought together the church and the business community to deliberate and chart a new course of economic transformation on the African continent.

 

President Akufo-Addo said his government's preoccupation over the last seven months, had been to put in place programmes and policies geared towards building the most business-friendly economy in Africa and becoming a magnet for investment.

 

During the past few decades, he said, countries that had made rapid economic strides had been the ones that had encouraged high levels of investment in entrepreneur development.

 

He said Ghana could learn a lot from this global trend and promote a conducive and business-friendly environment in our country.

 

The President said for his party, the New Patriotic Party, the primacy of the private sector in the development of the national economy was fundamental and the basis of its economic philosophy.

 

"In the 1950s,  at the height of the Cold War, Joseph Boakye Danquah, one of the revered founding fathers of our nation, stated, when defining the vision and policy of our party, that: ‘Our duty is to liberate the energies of the people for the growth of a property-owning democracy in this land, with a right to life, and freedom and justice as the principles to which the government and laws of the land should be dedicated in order specifically to enrich the lives, property and liberty of each and every citizen’.”

 

President Akufo-Addo said he was determined that Ghana changed the existing economic conditions of the country for the better to ensure that young people saw it as a place of opportunities, instead of the place from which they flee at the peril of their lives.

 

He commended His Eminence Archbishop Nicholas Duncan Williams for assembling distinguished business leaders from Ghana, the continent and the world over, led by one of the great figures of the global Christian charismatic movement, Bishop T.D. Jakes.

 

Source: ISD (Rex Mainoo Yeboah)