Bawumia confident in a limited money economy by 2020



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Dr. Bawumia said that Ghana has almost achieved recognition as a cash economy

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Vice President Mahamudu Bawumia badured companies that Ghana's economy would soon become too liquid.

Speaking at the Ishmael Yamson and Associates Business Roundtable in Accra, Mr. Bawumia also asked the business community to be ready to embrace new technologies to stay competitive.

He said that Ghana was almost on the verge of being recognized as a monetary economy.

Government policies for integrating Internet solutions such as mobile interoperability have so far been geared towards promoting electronic payments, especially in the public sector.

"One of the things we need to understand is that the private sector is a partner in the development process and not a competitor. For the government, it is therefore very important to understand the type of energy that the private sector can release. to help us in the development process, "said Dr. Bawumia, adding that" all we are trying to do is with the private sector. "

Dr. Ismael Yamson, convener of the conference, called on the government and the private sector to work tirelessly to create an environment conducive to business growth.

He urged Ghanaians to support the government's digitization programs since the current manual system of corruption.

He also called for measures to ensure the continuation of programs after their implementation.

The event, whose theme was "The Ghana We Want," aimed to encourage young people and potential businessmen to share their ideas and network with each other.

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