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Vice President, Dr. Mahamudu Bawumia, has assured investors of Ghana’s commitment to building a resilient economy that will offer maximum returns on their investments.
In his keynote address at the Ghana Investment Opportunities Summit in London, United Kingdom, Dr. Bawumia noted that though Ghana, just like the global economy has suffered from external economic shocks, the country is on a path of solid growth through the implementation of stringent fiscal and monetary policies which will restore macroeconomic stability.
He furthered that policies like the ‘Gold for Oil’ programme is one of such interventions put in place to deal with the effect from negative trade balance.
Dr Bawumia added that the successful International Monetary Fund bailout will solidify the country’s gains in ensuring sound economic growth as well as enhance the investment environment.
“The government is unwaveringly committed in employing resilient and dynamic measures that are distinctive to economic recovery to proffer investments to the people of Ghana”.
“Major fiscal and monetary interventions have been rolled out. This include the introduction of the ‘Gold for Oil’ programme to address the balance of payment crisis”, he explained.
According to him, measures implemented by the government will contribute to restoring macroeconomic stability.
On technological advancement, the Vice President detailed strides made in the financial technology industry and how digitalisation is being used as a tool to combat corruption.
The third edition of the Ghana Investment Opportunities Summit is a platform created by the Government of Ghana through the Ghana Investment Promotion Centre (GIPC) in selected advanced countries to showcase investment opportunities in the country.
The third edition is a two-day roadshow being held at the London Hilton Park Lane, from June 6 to 7, 2023.
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