Investor confidence picking up after successful IMF bailout - GIPC
The Deputy Chief Executive (CEO) of the Ghana Investments Promotion Centre (GIPC), Yaw Owusu Afriyie has revealed that investor confidence in Ghana is gradually picking up after a successful International Monetary Fund (IMF) bailout.
Addressing the press during the GIPC's CEO's breakfast meeting at Tema on Tuesday, May 30, 2023, Mr Afriyie stated that Ghana is seeing positive macroeconomic indicators after the approval of the $ 3 billion IMF facility.
He stated that the government is putting measures in place to support businesses in the country.
Also, the CEO of Apex Shipping and Commercial Company, Prince Arkutu, called on the government to muster the courage to build an environment that would support businesses in the country.
Speaking on the theme: 'Revitalising Ghana’s Supply Chain: Maximising Logistics Efficiency for AfCFTA and FDI Growth', he called on those in the private sector to have the vision to attain this feat.
He added that to be able to unlock the potential of the supply chain, those in the private sector have to re-orient the role they are going to play.
Source: Classfmonline.com/cecil Mensah
Trending Business
1H 2024: Consumer spending posts positive performance – BoG report
12:39Cocoa prices to fall, gold to suffer losses – BoG report
10:111H 2024: Cocoa, gold, oil prices up – BoG report
12:38Jospong Group and FIMA industries partner to drive sustainable development in Africa
16:29Cedi’s mid-year recovery down to revised import payments, IMF’s 3rd tranche, fed rate cuts – BoG
09:56Gov’t spends ¢101.21bn in first half of the year – BoG report
12:29Gov’t denies plans to restructure local contractor debts
09:41Gov’t bags GH¢74.65bn mid-year revenue – BoG report
12:25IEA concerned about Ghana’s domestic borrowing surge
10:50Banking sector liquid, profitable with improved buffers – BoG report
12:15