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Business News of Friday, 30 August 2024

Source: classfmonline.com

Mahama pledges to resolve unfulfilled financial commitments to investors

John Mahama, NDC Flagbearer John Mahama, NDC Flagbearer

John Dramani Mahama, the flagbearer for the opposition National Democratic Congress (NDC), has promised to address unfulfilled financial commitments made by the government to investors if elected into office.

Speaking at the Foreign Direct Investment series in Accra, Mahama acknowledged the negative impact of these unfulfilled commitments on investor confidence and reaffirmed his commitment to upholding the sanctity of contracts.

He emphasized the need for policies that would transform Ghana’s economy and restore trust among investors.

“A new NDC government shall respect the sanctity of contracts,” Mahama stated, “especially those properly executed that deliver value to the people of Ghana and to the investor.”

He noted that several investors have expressed concerns about the government's lack of commitment to honouring outstanding financial obligations for goods and services provided.

“I have taken notice of this important issue, and I want to assure all those affected that we will take an inventory of all these commitments,” he said.

“Our government will urgently work to resolve all payment issues through a transparent and timely system, just as was done when I was president.”

Mahama reiterated his commitment to creating a favourable business environment that ensures fairness and encourages foreign and local investments.