Vice-President Mr Kwesi Bekoe Amissah-Arthur has said the 2013 budget will provide new incentives for the private sector to create more jobs.
He did not mention the specific incentives but said the government, recognising the significant role of the sector as an engine of growth, would support it to create jobs and wealth.
Welcoming a delegation from Standard Chartered Bank Plc to the Flagstaff House in Accra, the Vice-President said the government had, over the past four years, initiated some interventions that had resolved the challenges confronting the economy.
He said although the economy was on a sound footing, particularly in the run-up to the December general election, that had not been translated into jobs for the people.
He said one of the challenges that confronted the economy was the lack of access to finance by small and medium enterprises and solicited support from the bank to enable the country to support that sector.
While lauding the bank for its support for Ghana’s economy over the years, the Vice-President said, “We need private sector collaboration in providing access to jobs and wealth.”
“We cherish the relationship between Standard Chartered and Ghana. With your commitment, that relationship will grow from strength to strength,” Mr Amissah-Arthur said.
The Africa Regional Chief Executive Officer of the bank, Ms Diana Layfield, who led the delegation, affirmed the bank’s support for Ghana’s strategy, adding, “We can support you to develop the economy.”
Story by Timothy Gobah
