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General News of Tuesday, 16 January 2018


Government prioritizing resources – Bawumia

Vice President Dr Mahamudu Bawumia has indicated that the New Patriotic Party (NPP) government, led by President Akufo-Addo-led, has prioritized the use of the country’s resources to enable it provide education for all Ghanaians.

The Vice President disclosed this in an interview with international magazine, Forbes Africa, on the subject of building bridges between the public and private sectors.

Answering a question on how the ruling New Patriotic Party (NPP) government would ensure a brighter future and educate the population for the next 60 years, Dr Bawumia said “so we can prioritize our resources to educating our people so they become an opportunity for the country. The hope for the youth is very significant.

Ghana, under President Akufo-Addo, has for the first time been successful in implementing the Free Senior High School (SHS) policy, which benefitted about 400,000 students in 2017.

The President has pledged to sustain the initiative, which has been bedeviled with some challenges.

“We want to use our resources for the benefit of our people, coupled with good management, fiscal discipline and an environment that encourages private sector participation will result in a massive growth in the economy. That is the direction we are moving in and it makes us very optimistic,” he said.

He revealed that Ghana is a “great place for investors.”

The Vice President reiterated that “we will restore macroeconomic stability so investors will get good returns for their investment.

“Our markets are quite good, even the financial markets. Someone buying Cedi Bonds over US Treasury Bonds will make close to 20 times more in Ghana, even allowing for exchange rate depreciation. I think it’s reasonably attractive and we will continue to work to make it so,” he said.