Friday, 24 May

Investor confidence picking up after successful IMF bailout - GIPC

Business
aw Owusu Afriyie, Deputy CEO of GIPC

The Deputy Chief Executive (CEO) of the Ghana Investments Promotion Centre (GIPC), Yaw Owusu Afriyie has revealed that investor confidence in Ghana is gradually picking up after a successful International Monetary Fund (IMF) bailout. 

Addressing the press during the GIPC's CEO's breakfast meeting at Tema on Tuesday, May 30, 2023, Mr Afriyie stated that Ghana is seeing positive macroeconomic indicators after the approval of the $ 3 billion IMF facility. 

He stated that the government is putting measures in place to support businesses in the country. 

Also, the CEO of Apex Shipping and Commercial Company, Prince Arkutu, called on the government to muster the courage to build an environment that would support businesses in the country. 

Speaking on the theme: 'Revitalising Ghana’s Supply Chain: Maximising Logistics Efficiency for AfCFTA and FDI Growth', he called on those in the private sector to have the vision to attain this feat.

He added that to be able to unlock the potential of the supply chain, those in the private sector have to re-orient the role they are going to play.

Source: Classfmonline.com/cecil Mensah