Business News of Friday, 8 November 2019Source: thefinderonline.comAddress issue of high interest rates - Akufo-Addo to BoGPresident Nana Addo Dankwa Akufo-AddoPresident Nana Addo Dankwa Akufo-Addo has tasked the Bank of Ghana (BoG) to interrogate the issue of high interest rate in the country and how the problem could be addressed to enhance the competitiveness of the private sector. The President gave the directive when he addressed business owners at the maiden CEOs Executive Forum held in Accra yesterday. The initiative is part of government’s comprehensive Public, Private dialogue framework designed to provide a structured and institutionalised mechanism for consultations between government and the private sector. Minister for trade and Industry Alan Kyerematen bemoaned the phenomenon where many African countries have no institutional engagement between the private sector and government to drive the growth agenda. The CEO forum, he said, would help bridge the gap and create a new dialogue mechanism under the government to create an inclusive participatory engagement with the private sector.

Source: GhanaWeb November 08, 2019 06:21 UTC