20
Mon, Nov
18 New Articles

President Nana Addo Dankwa Akufo-Addo is optimistic Ghana will be a great place for private investors in all sectors of the economy to do business under his watch.

Speaking at a ceremony to officially cut the sod for the commencement of the affordable housing project by Appolonia City and Ghana Home Loans, President Akufo-Addo said the surest way to deal with Ghana’s housing deficit is through effective public and private partnerships.

He praised the private partnership being witnessed between Appolonia City and Ghana Home Loans.

The Finance Minister, Ken Ofori-Atta, will on Wednesday present the 2018 Budget and Economic Policy of the government to Parliament, in which he will be seeking approval to spend some GHC61 billion.

The amount is needed to anchor the government’s agenda of moving the economy beyond the reliance on foreign support or aid.

The budget is, therefore, expected to focus on ensuring macroeconomic stability, transforming agriculture and industry, strengthening social protection and inclusion, building on economic and social infrastructure and reforming public service delivery institutions.

Minister for Energy, Boakye Agyarko has hinted that Ghana will supply 100 megawatts of power daily to Burkina Faso, and works on transmission lines from Bolgatanga to Burkina Faso for the supply has already begun.

He explained that Ghana supplying power to Burkina Faso is not a new thing. “We have been supplying power to Burkina Faso in a smaller quantity of 0.5 megawatts since 2003, but it moved to 9.2 megawatts in 2013, but it has now got to the point that Burkina Faso have embarked on a development agenda and need more power, and Ghana has agreed to supply power to a tune of 100 megawatts.”

Agyarko made this known when the Burkinabe Energy Minister, Professor Alfa Oumar Dissa, paid him a courtesy visit yesterday in Accra to address pertinent issues facing the two countries as far as energy is concerned.

Sign up via our free email subscription service to receive notifications when new information is available.