President Nana Addo Dankwa Akufo-Addo has said the limited success chalked by government hinges on its quest to facilitate the business of the private sector and fundamental issues of rule of law.
He said government business is to create the enabling environment for the private sector to do business.
President Akufo-Addo was speaking at a Presidential Investment Chats roundtable on “Concrete and Transformative Actions by Heads of State for a new Business Africa” at a two-day Africa Investment Forum (AIF), which took place at the Sandton Convention Centre in Johannesburg, South Africa.
AIF, conceptualized by the African Development Bank Group, is a joint effort of major development finance institutions, projects sponsors and other investors interested in accelerating Africa’s prosperity. Each will use tools at their disposal to de-risk investments at scale and follow through on transacts.
He said statistically, only 1.5 of Ghanaian working force paid taxes, which constitute only six percent of the population and government was working hard to capture more into the tax net.
On ‘Ghana beyond Aid’ policy, he said it was time to develop the country by its strength and resources, and policies are being made to stimulate growth that so that all sectors.
President Akufo-Addo said the “Planting for Food and Jobs strategy was touching the hearts of farmers in the production chain, which started with 200,000 smallholder farmers grossing 500,000 after a year of implementation but added the focus is to hit one million or more farmers by 2020.
He said the boldness with which the Special Prosecution Office’s was established was to send a strong message to his appointees and the entire Ghanaian population that there was need to change attitudes and the office would deal with all irrespective of political colour.
President Akufo-Addo said no appointee of his administration would be spared after conclusive investigations have been made.
|Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority.|