A Deputy Minister of Finance, Mr Kwaku Kwarteng, has reiterated the government’s commitment to build a stable economy with strong macro-economic fundamentals that offer long-term stability and protect the value of financial assets in the country.
He named some measures being taken to achieve that objective as deficit reduction, creation of fiscal space and gradual reduction of inflation.
“The government is poised to fix the economy to improve the livelihood of Ghanaians,” he said.
Mr Kwarteng made the assertions at the launch of Allianz Life Insurance Ghana Limited in Accra.
Launch
The event was attended by government officials, the French Ambassador to Ghana, Mr Francois Pujolas, heads of diplomatic missions, representatives from the National Insurance Commission (NIC), business executives and the members of the management of Allianz Africa, the parent company of Alianz Insurance Ghana Limited.
The Chief Executive Officer (CEO) of Allianz Africa, Mr Coenraad Vrolijk, in an address, said Ghana was a fast growing economy as such, the company was not only present in the country as an insurance company but that it was ready to invest in the economy, particularly in infrastructural development.
He added that the company would also focus on the insurance needs of its clients with specific emphasis on digitisation.
“We are here to bring investments in infrastructure and other types of capital investment to expand the economy,” he said.
According to Mr Vrolijk, Ghana was Africa’s success story, which is ‘’why we are motivated to increase our investment here in Ghana.“
He said Ghana was a hub of innovations and so his organisation would try new ideas in mobile and information and communication technology (ICT).
“Ghana is the place we will try new innovations in I.T and mobile technology,” he stressed.
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