Business News of Saturday, 4 May 2024

Source: www.ghanaweb.com

Ghana is the best country in Africa to do business - Deputy finance minister tells Italian delegation

Dr. Stephen Amoah, the deputy minister of finance with the delegation from Italy Dr. Stephen Amoah, the deputy minister of finance with the delegation from Italy

A Deputy Minister of Finance, Dr. Stephen Amoah has indicated the government's strong commitment to working closely with the country's development partners to build a stronger economy.

According to him, who is also the Member of Parliament for Nhyiayeso constituency in the Ashanti Region, the government has instituted key measures and laid the right foundation that continues to make doing business in Ghana more conducive and attractive.

He made this known when he hosted a delegation from Italy led by the Italian Ambassador to Ghana, Her Excellency Daniela d'Orlandi, to discuss Italian Development Cooperation Projects in Ghana.

The Deputy Minister noted that, despite the challenges most African countries, including Ghana, were going through as a result of the COVID-19 pandemic, the country could easily pass as the most attractive destination to do business, adding that all sectors of the economy were performing well.

"We are doing so well as a country; our macroeconomic indicators are good, we have one of the best educational systems in Africa, and our health sector is very efficient, so you are welcome to join us to build the resilience needed for our development," the deputy minister stressed.

In terms of raw materials for the manufacturing sector, Dr. Amoah indicated the availability of lands and raw materials needed for the manufacturing sector to grow and highlighted the need for collaboration that would help build the manufacturing base of the country so Ghana could feed the world.

The MP for Nhyiayeso, after touting the Italian government's support to Ghana in the past in the areas of energy, agriculture, SME sector, and education, called for more support in the areas of energy, health, and education.

The Italian Development Cooperation Projects, which are coherent with its thematic guidelines on Agriculture, Rural Development, and Food Security, apply a highly integrated approach toward these fields of action and encourage synergies with other countries in areas of development such as education, environmental management, governance, infrastructures, health, among others.

The Director-General of the Italian Ministry of Foreign Affairs and International Cooperation, Mr. Stefano Gatti, indicated that Italy is ready to finance/co-finance developmental projects in Ghana.

Responding to the invitation by the Deputy Minister, Her Excellency Daniela d'Orlandi said that Italy is open to start discussions on ways Italy can support Ghana for a holistic approach to solving some of our developmental challenges.

MA

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