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Company News from Saturday, May 25, 2019
Source: Starrfm.com.gh
2019-05-25
President Akufo-Addo
President Nana Addo Akufo-Addo Dankwa badured captains of industry and all Ghanaian companies that his administration would remain focused on maintaining fiscal discipline and rectifying the fundamentals of the economy to protect their interests in the country.
Addressing the members of the Ghana Club's 17th Annual 100 Awards at a dinner held at the Banquet Hall of the Jubilee House, President Akufo-Addo said that the effective management of the economy was at the heart of everything the government and businesses in Ghana are trying to do. .
"It is the success of the economy that will ensure the growth of the private sector and improve the quality of life for our people. I think we all agree that the fundamentals must be healthy for the economy to prosper, "said the president.
Maintain discipline
Boasting the economic gains that his administration has made since taking office, such as the signing of the International Monetary Fund (IMF) agreement in April 2019, the growth in real GDP growth of 3 , 4% in 2016 to 8.1% in 2017, the GDP ratio decrease from 56.6% of GDP in 2016 to 54.8% by the end of 2018, inflation decline of 15.4 % at the end of 2016 to 9.5% in April this year, decline in interest rates and recorded surplus of the country's trade balance account for more than ten years in 2017, the chairman said: " These are good numbers and we expect the impressive numbers and good performance to continue. "
"It is essential to never lose sight of the importance of maintaining fiscal discipline and the correct fundamentals of the economy," said the president.
The 18th edition of the awards
As part of the dinner, the President launched the 18th Ghana Club 100, which will take place on Friday, November 9, 2019 on the theme: "Sustainable agriculture, the foundation of Ghana's industrialization process".
"This theme is appropriate because it reflects the government's agenda to industrialize the economy through increased agricultural productivity," said the president. The government, the president added, added that his government would do everything in its power through initiatives such as planting to feed and create jobs, raising to feed and exporting, a village-a dam , A district-A warehouse and the One District-One Factory, "to put agriculture on the path of sustainability and transformation".
Number one company in Ghana
In a brief remark from Ghana's first 100th Company Limited Club 100, Scancon Ghana Limited (MTN), Sam Addo, Managing Director of MTN Business, congratulated the government for the initiatives it has taken to date. Now the investment climate in the country.
It sought government support for their activities by releasing affordable spectrum in the telecommunications sector to stimulate local businesses in e-commerce, education, communication and affordable broadband to realize the program. digital transformation of the government.
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