President Nana Addo Dankwah Akufo-Addo has hinted of government’s implementation of a 100 billion Ghana Cedis support programme to help transform the economy from the ruins of Covid19 for the next three years.
The government established the GHS100billion Covid-19 Alleviation and Revitalization of Enterprises Support (CARES) programme to mitigate the impact of the pandemic on the lives and livelihoods of Ghanaians, and to ensure that Ghanaians quickly emerge from the pandemic with a stronger and more resilient economy
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This was announced by the President in his first State of the Nation’s Address in his second term as president of the Republic of Ghana, which was delivered yesterday.
The Ghana CARES ‘Obatanpa’ programme is an unprecedented, bold and audacious GHȼ100 billion programme for Ghana to re-imagine and re-envision a future like never before. It is sequenced in two phases: a Stabilisation Phase that begun in July 2020 to December of same year and a medium-term Revitalisation Phase which is to accelerate the Ghana Beyond Aid transformation agenda.
The key products under the Obaatanpa programme according to President Akufo-Addo include “supporting commercial farming and attracting education youths into commercial farming. Developing engineering machine tools and ICT digital industry.”
Source: Lydia Sekyi Acquah/ATLFMNEWS
