spot_img

Mahama focuses on attracting foreign investment to tddress  unemployment crisis

Published on

spot_img

President John Dramani Mahama emphasized his government’s commitment to attracting foreign investments as a key strategy to tackle Ghana’s growing unemployment challenge and create sustainable job opportunities for the country’s expanding youth population.

During a meeting with UK Deputy Prime Minister Angela Rayner, Mahama highlighted the importance of international partnerships in addressing Ghana’s economic hurdles. The president reiterated his administration’s focus on strengthening ties with British investors to spur economic growth and job creation.

With Ghana’s population rapidly increasing, the demand for employment, particularly among young people, has become a pressing concern. This issue was a focal point in the 2024 elections, highlighting the need for urgent policy action and an influx of investment.

Acknowledging the difficulties of accessing international credit markets, Mahama stressed that foreign direct investment (FDI) is essential for stimulating growth and job creation. He underscored that his administration is prioritizing foreign partnerships to drive the country’s economic recovery.

“We have a young, growing population, and one of the key issues that arose during the election was jobs,” Mahama said. “Given the constraints in accessing international credit markets, our focus is on increasing foreign investments to create jobs for young people, particularly by drawing in more British companies to collaborate with us.”

Ghana’s reliance on foreign investment is becoming increasingly critical as it seeks to navigate economic challenges and foster long-term employment opportunities for its youthful workforce.

Source:TheDotNews

Latest articles

Ghanaians No Longer Require Visas for Travel to Morocco – Ablakwa

Ghanaian nationals will now be able to travel to Morocco without the need for...

Interpol Issues Red Notice for Ken Ofori-Atta

Interpol has issued a red notice for former Finance Minister,Ken Ofori-Atta, amid an ongoing...

Eid ul Adha: Mahama calls for unity and nation- building

President John Dramani Mahama has urged citizens to use the celebration of Eid ul...

“Come Let’s Talk”: Health Minister Urges Striking Nurses and Midwives to Return to Negotiations

Minister of Health, Kwabena Mintah Akandoh, on Wednesday called on striking nurses and midwives...

More like this

Ghanaians No Longer Require Visas for Travel to Morocco – Ablakwa

Ghanaian nationals will now be able to travel to Morocco without the need for...

Interpol Issues Red Notice for Ken Ofori-Atta

Interpol has issued a red notice for former Finance Minister,Ken Ofori-Atta, amid an ongoing...

Eid ul Adha: Mahama calls for unity and nation- building

President John Dramani Mahama has urged citizens to use the celebration of Eid ul...

Discover more from The Dot News

Subscribe now to keep reading and get access to the full archive.

Continue reading