[ 2017-10-11 ]

Finance Minister Ken Ofori Atta

Ghana woos investors at IMF/World Bank Meetings
Finance Minister Ken Ofori Atta is urging global
investors to put their money behind Ghana’s
growing economic opportunities.

He cites especially the Financial Services,
Industry and Agriculture sectors as holding high
prospects of safe investments and high returns in
the coming years.
 
The Finance Minister has been speaking at an
Investment Pitch on the sidelines of the IMF /
World Bank Annual meetings in Washington DC. 

According to him, the strides so far made in
stabilizing the economy signaled a beginning of
the improved business-friendly environment in
Ghana which investors need to capitalize on.

“In a nutshell, we’ve created a pretty
positive environment. I think the spirit for
people to do things differently is manifesting and
its clear at least on the international level
where Moody’s, Fitch and S&P have all upgraded
us given the type of work that is being done” he
noted.

I think the commitment of the president and the
team in terms of moving Ghana beyond aid is
something that we are not compromising on.


We feel very deeply that Ghana can be that pillow
stability and beacon so that we radiate this type
of good governance supported by good micro
policies and an opening for private sector
investment” he noted.

Chairman of the Finance Committee of Parliament Dr
Mark Assibey-Yeboah who is part of the delegation
later told JOYBUSINESS, Ghana’s pitch was well
received and should soon yield results.

“The programme was to try and woo investors and
it was well-attended as you can see - so many
investors came in here and the pitch by the
Finance Minister was concise and clear.

The message in there is that this is a new
administration ready to deliver, they are
committed to their fiscal consolidation and it’s
seen in lowered interest rates, low risk of
inflation, a stable currency, economic growth
increase”

“So if you want to do business, Ghana is ready
to accommodate you and you can see the excitement
on the faces of the investor community here, the
questions that they asked and the testimony from
those who have done business in Ghana in the past
show clearly that Ghana is the choice destination
for business in Africa” he concluded.  

Ghana’s delegation for the 2017 IMF / World Bank
annual meetings is led by Senior Minister Yaw
Osafo Marfo and includes the Finance Minister,
Planning Minister Prof Djan Bafour, Deputy Finance
Minister Charles Adu Boahen and Deputy Minister
for Information Kojo Oppong Nkrumah.

It also includes Bank of Ghana Governor, Dr Ernest
Addison and his first Deputy Maxwell Afari.  A
team of technical advisors from the Ministry of
Finance and Bank of Ghana is also supporting the
delegation.

The annual IMF / World Bank meetings are a
platform to engage global finance and development
agencies to secure commitment and support for a
country’s economic and development agenda.

Ghana’s recent participation in similar
international events have brought benefits such as
inclusion in the G20 compact which will provide
€120 Million Euro for the country.

Source - Joy Business News

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