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The government has received a 40 million euro EU grant to promote investment and job creation.
The financing agreement, the last program to be signed, of Ghana's indicative allocation of 323 million euros for the 11th European Development Fund and National Indicative Program covering the period 2014-2020.
The program focuses on the areas of business climate, public finance governance and employment. Its main objectives are to promote domestic and foreign investment to enable businesses to lead economic transformation and create jobs.
According to Minister of Information, Kojo Oppong Nkrumah, "the mechanism will also strengthen public finance governance and domestic revenue mobilization, while supporting the fight against corruption".
Minister of Information, Kojo Oppong Nkrumah
"This will serve to improve the business climate so that it is easier to make investments both domestically and internationally. Once these investments are made, the jobs will be created, "he said.
Finance Minister Ken Ofori-Atta and EU Ambbadador to Ghana Diana Acconcia signed the agreement, which is also expected to promote the achievement of the Sustainable Development Goals (SDGs) in the Middle East. Ghana.
The funds will be managed by the government and the program is aligned with the vision of President Akufo-Addo, Ghana Beyond Aid.
MP Deosase Ayeribi said that when these jobs are created and businesses operate to help mobilize the country's resources, "we no longer need to resort to aid or loans".
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