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Business Development Ministry will boost private sector

The Minister-designate for Business Development Ibrahim Mohammed Awal said his Ministry will pay more attention to private sector unlike the previous NDC government.

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He argued that the private sector in the previous NDC government did not pay much attention to the private sector. He further explained that the NPP administration acknowledges the role of the private sector in nation building.

"If the private sector is productive, efficient and competitive they would be able to expand, create jobs and employ the people."

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He said he will do his best to seek investments for the private sector. He also said the capacity building of the players in the private sector will be key in his ministry.

"We need to investment in infrastructure, manufacturing, ICT and in Services. So we are going to make sure that we coordinate all the investment programs of the ministries and direct them to the very needed sectors of the economy."

President Nana Addo Dankwa Akufo-Addo mentioned his third and final batch of ministerial nominees to parliament.

He created a new ministerial portfolios which include the Business Development Ministry to be headed by Ibrahim Mohammed Awal.

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President Nana Akufo-Addo has clarified the idea behind his decision to create six new ministerial portfolios under his administration.

Speaking at the third news conference at the Flagstaff House, the president addressed concerns that have been raised in the media about six new portfolios that have been announced.

“The six portfolios that are coming out as new portfolios will be working under the umbrella of the Office of the President."

"They are not stand up ministries that are going to be [built]. They are all going to function as part of the Office of the President but the ministries involved would have their dedicated portfolios and you will find [their  ] budget [under] the Office of the President.”

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The six new portfolios and ministers include:

Anthony Akoto Osei - Monitoring and Evaluation

Hawa Koomson – Special Development Initiatives

Boniface Abubakar Saddique – Inner City and Zongo Development

Ibrahim Awal Muhammed – Business Development

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Prof. Gyan Baffour - Minister for Planning

Dan Botwe – Regional Reorganisation and Development

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