Business News of Saturday, 30 November 2019Source: ghanaiantimes.com.ghCabinet increases funding for scientific research to 1% of GDPEnvironment, Science, Technology and Innovation Minister, Prof. Kwabena Frimpong-BoatengCabinet has approved the increase in funding for scientific research from 0.25 per cent to one per cent of Gross Domestic Product (GDP). Minister of Environment, Science, Technology and Innovation (MESTI), Professor Kwabena Frimpong-Boateng who disclosed said a bill to that effect has been laid before Parliament awaiting approval to bring the proposal into fruition. “I hope and pray that we push this one per cent of GDP in the shortest possible time for research purposes in the country,” he stated. The Minister was delivering a keynote address at the opening of a two-day scientific research conference to climax the 40th anniversary celebrations of the Noguchi Memorial Institute for Medical Research (NMIMR) in Accra yesterday. Prof. Frimpong-Boateng was certain the modern world economy is driven by science and technology hence expressing government’s unrelenting commitment to the area while challenging Noguchi not to rest on its oars in unravelling public health problems.

Source: GhanaWeb November 30, 2019 12:11 UTC