Godwill Arthur-Mensah, GNA
Accra, Dec. 5, GNA - Ghana’s ability to attract innovative financing to achieve the Sustainable Development Goals (SDGs) would depend on her ability to create a safe and progressive business environment, which promote transparency and accountability, Vice President Dr Mahamudu Bawumia, has said.
To that end, he said, the Government was creating an integrated system, including the digitalization of the public sector and government processes, to facilitate the ease of doing business.
He noted that the recent banking reforms were initiated to ensure a resilient and robust banking sector that support the country’s vision of developing sound banking domestic capital market.
Vice President Bawumia made the observation when he addressed the maiden Sustainable Development Goals (SDGs) Investment Fair in Accra.
He said the Fair would be an annual event that would create the platform and opportunity to connect impact investors and projects, as part of the larger plan of achieving the SDGs.
The meeting attracted private sector investment companies, entrepreneurs and representatives from the United Nations, who discussed strategies on how they could mobilize resources to implement social impact programmes to attain the SDGs in Ghana.
The participants, at the end of the deliberations, presented a Charter that outlined various interventions and activities that could facilitate the attainment of the SDGs by 2030.
Mrs Gladys Ghartey, a Senior Economic Officer, UN System Unit, presented the Charter on behalf of the participants.
Vice President Bawumia said the government was excited that the forum had set the tone to mobilise investments, noting that, the private sector would play a crucial role in achieving the SDGs and the “Ghana beyond Aid” agenda.
To achieve the SDGs, the Vice President said it was prudent for inclusive development that would bring everybody to share the fruits of economic goals.
He said the nation’s determination to implement the SDGs by 2030 was rivalled by the desire of ensuring self-sufficiency, and thus, called for innovative financing of activities to realize the SDGs.
To attract funds from the private sector to implement the SDGs, Vice President Bawumia said it was imperative to develop new markets and establish socio-economic partnerships that could guarantee returns for investors, and at the same time contributing to the growth of the economy.