Ghana's economy Nana Addo outlines policy interventions to restore macroeconomic stability

Nana Akufo Addo assured members of the Association of Ghana Industries (AGI) that his administration will maintain macroeconomic stability

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The flagbearer of the New Patriotic Party, Nana Akufo-Addo, has outlined comprehensive policy measures aimed at strengthening the prospects of accelerated enterprise development in a competitive environment and stimulating the rapid growth and expansion of the Ghanaian economy.

According to him, the only sustainable way of addressing the challenge of high unemployment is by expanding the productive base of the Ghanaian economy and enhancing enterprise growth.

Read more: Massive welcome for Nana Addo at Nima [Photos]

He made this known when he interacted with the Association of Ghana Industries (AGI) on Wednesday, October 12, 2016, at their offices located at the Trade Fair Centre.

He assured AGI members that the policy interventions to be introduced in the Trade and Industry sector. "Under an Akufo-Addo government will shift the focus of Ghana's economic policy away from taxation to production."


The greatest challenge facing the country, he added, was unemployment and gave an assurance that the only way that his government, when elected, was going to tackle that was industrialisation with the private sector playing a leading role.

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"Also, since job creation, for us in the NPP, is essentially a private sector activity, the number one priority for the next NPP government will be to put in place the policy framework that will help businesses expand and create jobs, as well as promote the growth of entrepreneurship opportunities for young Ghanaians in particular," Nana Addo said.


He pointed out that "If really you are serious about the growth and development of the country, you are bound to listen to those out there and work with them to resolve the issues. If you turn your back on them, for me then it means you are not interested in the growth and development of the country."


"The connection between a society that is functioning well and an economy that thrives is a direct and obvious one," he said.

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