…As Gov’t constructs Foreign Affairs Institute
Government has engaged an International foreign policy experts to help formulate Ghana’s first sustainable Foreign Policy to be adopted as the country’s Foreign Policy going forward.
Contributing to a debate on the motion for the approval and adoption of the Government’s 2018 budget statement, Member of Parliament for Nsawam Aduagyir Constituency, Hon. Frank Annoh Dompreh revealed that, the element of retrenchment in Ghana’s labour sector has been dealt with as a result of Government’s signing on to COMPACT 2.
He said, the world is a Global Village now which demands that countries adopt foreign policies that reflects global dynamics.
According to him, Ghana has not had any recognizable foreign policy since Independence, which presented a teething need for one, especially considering global trend.
Stating that government’s allocation of Gh¢400 million as seed money for Insuring Farmers, is unparralled and highly commendable.
Government’s effort to reduce electricity tariff by 13% is an indication of Government’s commitment towards stimulating the private sector as an engine of growth for Ghana. He reiterated.
He further revealed that, procedural and efficiency based interventions have been employed to help boost the Internally Generated Funds (IGF) of MMDCEs.
“Some other interventions innovated by the Government include, (but not limited to)
(i) sourcing of a $50m loan facility through the Societe General to ensure the facelift of our missions abroad,
(ii) the construction of new foreign affairs institute which is underway,
(iii) High level regulatory framework instituted to ensure efficiency, excellent delivery and good Policy administration of our foreign missions,
(iv) Strategic Partnership Agreement between Ghana and Cote D’Ivoir,
(v) over four billion Ghana Cedi in additional investments by the Investment Promotion Council, to mention just a few”. He noted.
Story: Frederick E. Aggrey