You are here: HomeNews2012 05 02Article 237726

General News of Wednesday, 2 May 2012

Source: The True Statesman

$3 billion Chinese loan targeted at job creation – Mills

President Mills has assured Ghanaians that his government will not renege on its commitment to expand the country’s economy by putting more Ghanaians to work through job creation.

He said that the 2008 NDC manifesto has job creation as one of the four pillars supporting the better Ghana Agenda.

The President was addressing a workers rally to mark this year’s May Day Celebrations at Sunyani in the Brong Ahafo region.

He said the government also recognizes the fact that the private sector is the engine of growth and that a greater chunk of the 3 billion dollars Chinese loan his administration secured from the Chinese Exim Bank, will be channeled into that sector.

President Mills emphasized that the government recognizes the need to continue to produce the kind of atmosphere which will enable the private sector to create jobs. He said “We have targeted certain areas and indeed our procurement of loan is really targeted at sectors which will help us create job for our people”

According to President Mills, despite the challenges, one should acknowledge what other methods and contributions they have made.

He used the occasion to declare his firm commitment to ensuring free and fair elections in December, stressing that the law will deal ruthlessly with all trouble makers.

“ I want to assure you of my determination and with the help of Almighty God, to assure that our elections are free, fair and transparent. The law will be no respector of status, it will deal with everybody alike and we will make sure that those who decide to break the law are indeed made to face the rigours of the law,” the President assured.

The True Statesman

info@thetruestatesman.org