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Business News of Thursday, 30 September 2021

Source: 3news.com

1% of GPD to be dedicated to research and innovation – Government

Minister of Environment, Science, Technology and Innovation, Dr Kwaku Afriyie Minister of Environment, Science, Technology and Innovation, Dr Kwaku Afriyie

The Minister of Environment, Science, Technology and Innovation, Dr Kwaku Afriyie, has announced that the cabinet has taken a decision to dedicate 1% of Ghana’s Gross Domestic Product (GDP) to research and innovation.

This, he said would be disbursed through the Ghana National Research Fund.

He said this at a press conference moderated by Information Minister Kojo Oppong Nkrumah in Accra on Wednesday September 29.


After the address, Mr Oppong Nkrumah in a tweet said “Key take away from his brief is the Cabinet decision to dedicate 1% of our GDP to research and innovation which will be disbursed through the Ghana National Research Fund..”


“The Government of Ghana is leveraging Science & Technology for national development. This is expected to guide the next phase of our development agenda as a nation.”