Govt launches GH¢100bn economic recovery blueprint

Govt launches GH¢100bn economic recovery blueprint

The GH¢100 billion COVID-19 Alleviation and Revitalisation of Enterprises Support (CARES) programme will serve as a blueprint for the country’s economic recovery after the coronavirus disease (COVID-19) pandemic.

Through the programme, the government will provide the support to build back boldly but smartly, paying greater attention to inclusive growth, especially in the areas of health, agriculture, industrial processing and service delivery.

Building WISER Ghana

The President, Nana Addo Dankwa Akufo-Addo, said this when he launched the post-COVID-19 economic recovery programme in Accra yesterday.

The launch was attended by the Senior Minister, Mr Yaw Osafo-Maafo, who represented the President; the Finance Minister, Mr Ken Ofori-Atta; the Minister of Trade and Industry, Mr Alan Kyerematen; the Minister of Environment, Science, Technology and Innovation, Professor Kwabena Frimpong-Boateng; the Minister of Communications, Mrs Ursula Owusu-Ekuful; the World Bank Country Director, Mr Pierre Laporte, and the Country Manager of the African Development Bank (AfDB), Mr Sebastien Okeke.

Opportunity for remodelling

back link building services=0></a></div><p>In a speech read on his behalf by Mr Osafo-Maafo, the President said the pandemic had provided the opportunity for the country to remodel and build a Wealthy, Inclusive, Sustainable, Empowered and Resilient (WISER) Ghana, which is the goal of the Ghana Beyond Aid agenda.</p><p>“This GH¢100 billion Ghana CARES programme is Ghana Beyond Aid in action. We expect growth to rebound strongly in 2021 at 5.7 per cent as a result of our implementation of the transformation and revitalisation phase of the CARES programme in 2020.</p><p>“We must take advantage of the opportunity the pandemic has afforded us to do things differently. In light of this, and consistent with my government’s unrelenting focus on building a resilient and people-centred economy with opportunities for all, I charged my ministers, at the onset of the pandemic, to develop an economic stabilisation and recovery programme,” he said.</p><div class=inread align=center><ins class=adsbygoogle data-ad-client=ca-pub-1220784161199635 data-ad-slot=7046753112 data-ad-format=auto></ins></div><p>He added that the programme would not only mitigate the impact of the pandemic on lives and livelihoods but, more importantly, ensure that Ghana quickly emerged from the crisis with a stronger and more resilient economy.</p><p>“A Ghana that is prosperous enough to stand on its own feet; a Ghana that is beyond the dependence of charity of others to cater for the needs of its people. The COVID-19 pandemic has sharply reminded us of the wisdom of this course,” the President said.</p><div class=inread align=center><ins class=adsbygoogle data-ad-client=ca-pub-1220784161199635 data-ad-slot=7046753112 data-ad-format=auto></ins></div><p><strong>‘Obaatan Pa’</strong></p><div class='code-block code-block-5' style='margin: 8px 0; clear: both;'> <a href=https://www.adhang.com/guest-posting-services/ ><img class=lazy src=