Support Private Sector - Kufuor 

Former President John Agyekum Kufuor says effective support for a sustainable growth of the private sector remains a key measure through which the country’s economic fortunes can change for the better. 

The private sector he noted is the engine of growth and should be supported by government with pragmatic policies and programmes which will in turn increase the country’s foreign exchange earnings through increased investments. 

Former President Kufuor made these remarks at the national conference of the Ghana Bar Association in Kumasi. 

He explained that small and medium enterprises have the requisite skills and capacities to add value to the country’s abundant natural resources. 

The challenge he emphasized has been failure on the part of successive governments to support the private sector. 

Former President Kufuor urged present and successive governments to provide incentives for private sector competitiveness to create more jobs through wealth generation, while strengthening the local currency and reducing importation of basic consumables.

GBC