New Government Allocate resources prudently to boost economy – PEF tells Nana Addo

The Chief Executive Officer of the Private Enterprise Federation Nana Osei-Bonsu asked that an enabling business environment is created for businesses in the country to support the government.

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The Private Enterprise Federation (PEF) has called the president-elect Nana Akufo-Addo to allocate resources judiciously to create an enabling economy for the private sector to also grow.

Chief Executive Officer of the federation Nana Osei-Bonsu said the proper allocation of resources cannot be downplayed.

READ ALSO: Nana Addo’s government must renegotiate IMF deal - Economist

“The prudent allocation of our resources is very important so those are the things that we are looking for the administration to boost business confidence, and, yes, the opportunities is coming, we will restructure and we will engender ourselves to take advantage of the opportunities.”

He said such prudence will boost business confidence of the country. He asked that an enabling business environment is created for businesses in the country to support the government.

READ ALSO: MTN to offer loans to customers

“Allow an enabling environment so the private sector can create jobs by becoming profitable and grow. Once you are growing you need additional hands, and we are not talking about they going to get undue advantage of the public or the consumer, because the consumer is the ultimate client that the private sector needs. So the right investment decision is critical.”

During Nana Addo’s campaign, he paid a courtesy call on the business associations and promised to work with them for a better economy.

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