In a bid to promote sustainable finance, attract private investment, and drive the achievement of the Sustainable Development Goals (SDGs), the CEO of the Ghana Investment Promotion Centre (GIPC), Yofi Grant emphasized the importance of fostering strong public-private partnerships during the 2023 Economic Counselors Dialogue.
Mr. Yofi Grant also emphasized the importance of fostering bilateral relationships beyond traditional government-to-government (G2G) channels.
He advocated for enhanced business-to-government (B2G) and business-to-business (B2B) collaborations to facilitate the opening up of the economy and unlock new opportunities for growth.
“We recognize that sustainable development requires partnerships at various levels. By encouraging closer ties between businesses and the government, we can leverage the expertise, resources, and innovation of the private sector to drive sustainable economic transformation,” added the CEO.
The CEO of GIPC further outlined the government’s commitment to creating a conducive regulatory environment that supports private sector-led development.
Highlighting the significance of sustainable finance, the CEO stressed the need for innovative financing mechanisms that align with the SDGs.
By incorporating environmental, social, and governance principles into investment decisions, government aims to attract responsible investments that contribute to both economic growth and social welfare.
“Private sector engagement is crucial for driving economic growth and job creation,” stated the CEO.
“Our role as the government is to create an enabling environment that allows businesses to thrive and encourages private investment in sectors aligned with our national development goals.”
In addition to economic growth, the CEO acknowledged the need for social protection measures to safeguard the well-being of Ghana’s citizens.