Businesses are impressing on the government to pursue economic policies that will sustain growth and create employment in the country.<\/p>\n
[contextly_sidebar id=”hrBA1xAuOLCmyr9BhcwTJHN8L8gSZV4V”]They argue that the eventual drop in interest rates and a stable currency should ease the cost of doing business and allow private sector growth.<\/p>\n
The comments come on the back of the assessment by businesses on the first hundred days in office of the presidency.<\/p>\n
\u201cOur projection basically is looking at what is happening in the industry arena with the policy rate coming down and also the Treasury bill rate coming down. We expect that the banks will also react positively and review their interest rates,\u201d the CEO of the Ghana National Chamber of Commerce, Mark Badu Aboagye told Citi Business News<\/strong>.<\/p>\n \u201cWe are also expecting that the cedi will be strengthened against the major currencies especially the dollar and Euro and others,\u201d he added.<\/p>\n Vice President Dr. Mahamudu Bawumia on Monday touted some achievements within the first three months of the NPP administration.<\/p>\n Among the key achievements he alluded to included increasing the country\u2019s foreign reserves, stabilizing the cedi and restoring investor confidence.<\/p>\n Though Mr. Badu Aboagye lauded some policies by the government in its first three months in office, he however explained to Citi Business News<\/strong> government must work to sustain economic growth.<\/p>\n \u201cSo we are expecting an economy that will support the private sector to expand and also employ a lot of people to reduce the country\u2019s high rate of unemployment so there a high level of expectation from Dr. Bawumia and of course his Excellency Nana Akufo Addo.\u201d<\/p>\n –<\/p>\n By: Pius Amihere Eduku\/Anita Arthur\/citibusinessnews.com\/Ghana<\/p>\n","protected":false},"excerpt":{"rendered":" Businesses are impressing on the government to pursue economic policies that will sustain growth and create employment in the country. [contextly_sidebar id=”hrBA1xAuOLCmyr9BhcwTJHN8L8gSZV4V”]They argue that the eventual drop in interest rates and a stable currency should ease the cost of doing business and allow private sector growth. The comments come on the back of the assessment […]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[121,32,171,11],"tags":[],"yoast_head":"\n