Senior gov’t officials in talks abroad over the prospect of the Ghanaian economy

A team of Senior Government Officials, are in London , Washington D.C and New York to meet partners and share with them the transformational economic agenda the country intend to use to address issues of debt and also attract investors and create jobs.

In a statement issued by the Ghana Embassy in Washington DC, stated the Ghanaian delegation led by Vice president Dr Bawumia included senior Minister Yaw Osafo Maafo, Minister Finance Ken Ofori Atta, Chairman of the Finance Committee, the Governor of the Central Bank, the Chief Executive Officer of the of Ghana Investment Promotion Council, the President’s Advisor on Media and Special Projects, and the Deputy Minister of Energy are all part of the Non-Deal Roadshow meetings with Ghana’s bond holders, potential investors, US Government officials and other key stakeholders.

It said the delegation would also participate in the annual spring meetings of the World Bank and International Monetary Fund.

The statement said in London, the team held a series of meetings with Ghana’s bond holders to discuss the pillars of the Government’s economic management agenda: revenue growth expenditure management, debt management, wage bill management and capping of earmarked funds to free up the fiscal space.

The delegation also met with the Ghanaian Community at the High Commission to share the Government’s plans for the revitalising the country’s economy.

It said in Washington, Vice President Bawumia and Mr Ofori Atta addressed an enthusiastic crowd of Ghanaians in an event, held by the Center of Strategic and International Studies dubbed, “Spotlight on Ghana.”

The Vice President presented the Government’s immediate priorities to reignite the country’s economy by creating jobs in the agriculture sector, cutting taxes and removing other barriers to investment and increased production.
Mr Ofori-Atta, it said, was joined on a panel by John Rice, the Vice Chairman of the General Electric Corporation, and Alain Ebobisse, CEO of Africa50 for the discussion.

The Minister presented the Government’s strategy for addressing the significant budget deficit and debt inherited from the previous administration.

He also responded to questions from the audience by detailing the steps being taken to improve the investment climate and enhance the local capacity by improving education, as well as enforcing local content requirements for new investments.