Business News of Tuesday, 20 February 2007

Source: GNA

PEF conducts business survey

Accra, Feb 20, GNA - The Private Enterprise Foundation (PEF) in collaboration with the Commonwealth Business Council (CBC) will undertake a Business Environment Survey from February 26 to April 16 this year to obtain views of the private sector on the environment for business in Ghana.

The investment climate or business environment describes the range of policies and practices that have an impact on business operations and investment decisions.

Dr Osei Boeh-Ocansey, Director-General of PEF in a signed statement said the exercise formed part of a larger survey being coordinated by the CBC in 33 Commonwealth countries to assess current private sector views.

It would help to measure developments as well as progress on action areas and report made to member governments in conjunction with the Commonwealth Heads of Government Meeting (CHOGM).

The CBC Business Survey report has been published since 1999 and subsequently in 2001, 2003 and 2005. The results of the survey are circulated to member governments to assist with the development of future policies to enhance economic growth and investment. The survey takes place simultaneously in other Commonwealth countries including Malaysia, South Africa, Australia, Fiji, United Kingdom, India and Nigeria.