Gov’t looks to AGI to revive Ghana’s economy

Gov’t looks to AGI to revive Ghana’s economy

President Akufo-Addo has expressed optimism in the capability of the Association of Ghana Industries (AGI) to revive Ghana’s economy.

According to the President, his government will massively rely on the inputs of the AGI to revive the economy.

The President made the assertion at the opening of a closed door meeting with leadership of AGI and some government officials on Tuesday, October 25, 2022.

The purpose of the meeting was to brief them on government’s discussions with the IMF and to get their buy-in with regards to the implications of a possible IMF economic programme now and in the future as well as solicit for their inputs on how the economy can be resuscitated.

According to the President, the ongoing negotiations between his government and the International Monetary Fund, once completed, will have an important impact on the Ghanaian economy in both the short and long term.

“We are talking, and hopefully concluding soon, these important negotiations which are going to have, you know as well as I do, an important impact on the way forward for the Ghanaian economy in the months and immediate years ahead,” President Akufo-Addo said.

On his part, Humphrey Dake, the president of the AGI, said that the AGI is committed to supporting the government’s efforts aimed at dealing decisively with the economic challenges that Ghanaians are experiencing.

“We recognise your relentless effort to steer our economy to the pride of place and the desire to transform our economy to the best of your ability.

“We pledge our support that, together, we shall resolve the … difficulties as we so find now,” he added.

The meeting also formed part of efforts to halt overpricing of goods which is currently widespread in the capital, Accra.