Review, update relevant policies to reflect present reality — Govt told

DR Nana Appiagyei Dankowoso I, Presi- dent, Ghana National Chamber of Commerce and Industry (GNCCI), has called on
“We are struggling with out- dated policies that are sharply out of touch with modern realities, policies that date back to our colonial past that still emasculates and frustrates robust growth needed to compete
It is also to discuss and examine how Ghana can benefit from the current United Nations declared decade (2016-2025 for Industrial Development (the Third Industrial Development Decade for Africa (IDDA III)). He said a thorough policy review, as far as industries were concerned, was one of the most important imperatives for growth turn-around.
He said manufacturing companies were folding up, while those, who were managing to weather the storm were downsizing as the only way to stay alive and in business. He said achieving the much-needed recovery and turnaround, no
He said
The President said
“l have no inkling of doubt in my mind that we have what it takes to achieve growth turn- around in manufacturing and sustain it,” he added.
He said knowing the environment was key to the growth of the manufacturing sector and government has the role to provide the enabling and conducive environment for growth. “In the
He said the second thing
On issues of regulations, the minister said it was important and appropriate for the sector to focus very well on the regulation aspect, adding that government has the capacity and power to facilitate agreements to support the Ghanaian entrepreneurs to grow their business and contribute to the economy. GNA