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A Safe and Progressive Business Environment Needed to Attract Innovative Financing - VEEP

A Safe and Progressive Business Environment Needed to Attract Innovative Financing - VEEP

The Vice President of the Republic, Dr. Muhammadu Bawumia has given the assurance that the government would continue to create sound business environment that thrived on transparency and accountability.

According to Dr. Bawumia, no single government could perform creditably without the support from the private sector, hence, the need to create a business friendly environment that would attract investors.

He gave the assurance when he addressed stakeholders made up of civil society organizations, politicians, entrepreneurs, investors, technocrats, students and the media at the maiden edition of Accra Sustainable Development Goals Investment Fair held at Kempinski Hotel, in Accra.

The government, the Vice President stated, was securing this front by creating an integrated system through the digitization of the public sector and government processes to facilitate the ease of doing business.

The Vice President who is also the Chair of the Economic Management Team also noted that, government’s determination to be self-sufficient to move Ghana Beyond Aid was the driving force behind the implementation of the SDGs by 2030 that brought the issue of innovative financing.

“Government recognizes the need to develop new markets and establish mutually beneficial socio-economic partnership which guarantees return for our investors while contributing to the growth of our economy” Dr. Bawumia hinted.

Touching on the recent banking reforms, the Vice President disclosed that the reforms were initiated to ensure a robust and resilient banking sector that was in line with government’s vision of developing a sound domestic banking that would maintain strong indigenous Ghanaian presence and capital market.

He disclosed that the Ghana Beyond Aid was very consistent for government in terms of meeting the sustainable development goals. END