
Accra, Ghana – The Vice President of the Republic of Ghana, H.E. Jane Naana Opoku-Agyemang, has highlighted the crucial role of infrastructure development in stimulating economic growth.
Speaking at the closing session of the two-day National Economic Dialogue at the Accra International Conference Centre, she stated: “Infrastructure development as a stimulant to economic growth is pivotal.”
She stressed that modernizing transport, energy, and communication systems is essential to ensuring that infrastructure investments align with Ghana’s long-term development goals.
“Modernising our transport, energy, and communication systems remains important to make sure that infrastructure investments align with long-term development goals,” she said.
According to the Vice President, such investments will lead to improved connectivity, reduced costs, and the creation of new opportunities for businesses.
“The benefits of such actions are improved connectivity, reduced costs, and unlocking new opportunities for businesses and communities across the country,” she stated.
She further urged the nation to implement structural and policy reforms that will support a more resilient and competitive economy.
“And in all of this, we must ensure that structural and policy reforms support a more resilient and competitive economy, especially in key sectors such as agriculture, education, healthcare, and social welfare,” she emphasized.
The Vice President reaffirmed the government’s commitment to continuously reviewing and adapting policies to meet evolving economic challenges.
“Our commitment is to continuously review and adapt our policies to meet the needs of a changing global economy,” she stated.
She also underscored the importance of a private sector-led growth model, calling for the creation of an enabling environment that allows businesses to thrive.
“Ladies and gentlemen, a private sector-led growth model is important. We need an enabling environment that allows businesses to thrive—through improved access to finance, better infrastructure, or creating a more competitive business environment,” she noted.
Furthermore, she emphasized the need to strengthen the private sector as the driving force behind economic growth.
“We must strengthen the private sector as the engine of economic growth, ensuring that it is capable of creating jobs and driving innovation,” she stated.
Lastly, she highlighted the importance of effective governance in improving public sector efficiency and combating corruption.
“We must anchor these interventions on good governance and fighting corruption. Effective governance is essential for improving public sector efficiency, enhancing transparency, and strengthening institutions to eliminate corruption,” she said.
Story by: Emmanuel Romeo Tetteh (#RomeoWrites) / Ahotoronline.com | Ghana