Amissah-Arthur Appeals For More IFC Assistance

The Vice-President, Mr Kwesi Bekoe Amissah-Arthur, has appealed to the International Finance Corporation (IFC) to continue its assistance to Ghana's in its development. He said Ghana�s economy had benefitted significantly from a lot of interventions which helped to enhance the business environment. Mr Amissah-Arthur, who made the remark when a delegation from the IFC called on him in Accra yesterday, said the corporation�s support to Ghana over the years, particularly in the areas of infrastructural development, oil, gas, education, and energy, had contributed to the country�s forward march. As of May 31, 2012, IFC's investment portfolio in Ghana totalled approximately $530 million, making it the corporation's third-largest portfolio in Africa. The Vice-President said the support had improved the rate of the economy and further stabilised the micro economy, saying, �I hope you will further deepen the support for the economy.� The IFC Country Director in Ghana, Ms Mary-Jean Moyo, said the delegation came over to apprise the Vice-President of the investment the corporation had made so far in the economy. Earlier, Mr Amissah-Arthur granted audience to a delegation of alumni from the Legon Hall of the University of Ghana, who came to congratulate him on his elevation to the high office of Vice-President and also solicit support for projects in the name of the hall. In a brief remark, Mr Amissah-Arthur said the government�s determination to give priority attention to education was non-negotiable. He said the government, aware that the nation�s developmental efforts hinged on its human resource development, would put in all efforts to invest in that sector. He noted, however, that since the government purse could not satisfy all sectors of the economy, new ways would be explored to help support such areas which were very close to the country�s development. Prof. David Atta-Peters, the Legon Hall Master, who led the delegation, appealed to the Vice-President to help complete the College of Health Science which was started by the late President John Evans Atta Mills.