The Chief Government Officer of the Affiliation of Ghana Industries (AGI), Seth Twum-Akwaboah, has acknowledged that enterprise and investor confidence in Ghana has seen vital enchancment over the previous six months.
Talking on PM Categorical on Pleasure Information, Mr. Twum-Akwaboah famous that current financial stability measures and authorities interventions are starting to yield constructive outcomes, restoring optimism throughout the enterprise neighborhood.
“Over the past six months, we’ve noticed a notable enhance in confidence amongst companies and buyers,” he mentioned. “There’s nonetheless work to be finished, however the indicators are encouraging.”
He attributed the renewed confidence to higher macroeconomic indicators, coverage consistency, and elevated engagement between the private and non-private sectors.
Mr. Twum-Akwaboah urged policymakers to keep up the momentum by addressing structural challenges akin to excessive manufacturing prices, entry to credit score, and bureaucratic delays, which proceed to have an effect on many native companies.
“Sustaining this confidence would require steady enchancment within the enterprise atmosphere and stronger assist for native business,” he added.
The AGI CEO additionally known as for extra deliberate insurance policies to assist manufacturing, innovation, and worth addition to strengthen Ghana’s industrial base.
His remarks come as Ghana seeks to speed up financial progress and appeal to international funding following a interval of financial turbulence.
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DISCLAIMER: The Views, Feedback, Opinions, Contributions and Statements made by Readers and Contributors on this platform don’t essentially symbolize the views or coverage of Multimedia Group Restricted.
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