President John Dramani Mahama has called for increased investment from the United Kingdom (UK) to help mitigate the impact of Ghana's economic crisis.
President Mahama made the call during a meeting with UK’s Deputy Prime Minister, Angela Rayner, at the presidency in Accra yesterday.
He emphasised the importance of attracting more foreign direct investment to create jobs for the country's young population.
"We want to work together to move our relationship to an even higher level...
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We have a lot of bilateral cooperation that we want to look at and see how we can align some of those things to fit the vision of the new government," President Mahama said.
He acknowledged the country's economic challenges, including being shut out of the international credit markets, and expressed enthusiasm for working together to address these challenges.
“We're going through an economic crisis...
We're on an IMF programme and one of the things that it enjoins us to do is to be very prudent, prudent in terms of fiscal discipline,” he said.
Ms Rayner reciprocated the warm sentiments, congratulating President Mahama on his election victory.
She noted the alignment between the UK government's focus on growth and Ghana's vision for a 24-hour economy, aimed at creating good jobs and improving living standards.
“The fact that the UK government is aligned on growth and your government is focused on growth to create good jobs for people, so their living standards are improved, is exactly what we're trying to achieve as well,” she said.
