Business News of Tuesday, 10 August 2021Source: www.ghanaweb.com• An economist has called for the Ghana CARES programme to be devoid of political interference•Dr Ankrah said the success of the initiative will hinge on the right institutions to roll out policies•The initiative seeks to create sustainable jobs within a three year periodDr Sam Ankrah, an economist has indicated that government’s revitalization initiative; Ghana CARES Obaatanpa will only be successful if it is devoid of political interference. According to him, the ambitious job creation initiative is a potential game-changer but will only yield sustainable jobs if the right institutions will be engaged in the regulation, roll out of policies and funds disbursement. The economist however recommended that fund disbursement under the Ghana CARES Obaatanpa programme should be modelled under Ghana Enterprises Agency. The Ghana CARES (Obaatanpa) programme is an ambitious GH¢100 billion initiative by government to stabilize, revitalize and transform Ghana’s economy in a post COVID-19 era to create jobs and prosperity for Ghanaians over a three-year period. The initiative is sequenced in two phases namely; a Stabilization Phase that runs from July to the end of the year (2020); and a medium-term Revitalization Phase from 2021-2023.

Source: GhanaWeb August 10, 2021 07:30 UTC