Finance Minister Ken Ofori-Atta, has sworn in three additional members to the Board of Directors of Ghana EXIM Bank.
He called on the 9-member board to prudently utilize the financial resources allotted to them in order to enable the government to achieve its target of implementing the IDIF Project.
He said the Bank must serve as a stimulus to revamp Small and Medium Enterprises (SMEs) in the export sector to enable the government to create the needed jobs for the unemployed, and also generate the needed foreign exchange for the country.
Finance Minister said the Ministry of Finance and for that matter, the government, will under the 2019 budget, vigorously pursue industrialization, agriculture business, and entrepreneurship, and called on the bank to closely work with the Ministry to execute that agenda.
He also advised the Board to observe strictly to strategy and good corporate governance practices and ethics, to ensure transparency in their activities, stressing that “Ghana Exim Bank can efficiently leverage and learn from the good practices and experiences of Sister Exim Banks that you are affiliated to.â€
The Minister promised to deepen the relationship with the Bank and the Ministry of Trade and Industry, and other stakeholders to re-align their activities for the benefit of the economy.
Making a remark on behalf of the Board, Board Chairman, Mr. Kwadwo Boateng Gyenfi, expressed his appreciation to the Minister for the honour done them for the visit, and pledged that under his leadership, the Board will ensure increased export revenue, rapid industrialization of the economy, and will actualize the confidence reposed in them by President Nana Akufo-Addo.
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