Gov’t will support private sector to create more jobs – Trades Minister

The Minister for Trade, Industry and Agribusiness, Elizabeth Ofosu-Adjare has  reiterated the government’s commitment to supporting the private sector to create sustainable jobs for Ghanaians.

As part of government’s agenda to create more jobs through the 24 hour Economy Policy, the minister toured some private industries in Accra and held meetings with management of the companies to understand their challenges better.

The minister also spoke about working on modalities to collaborate with the government to create a employment opportunities under the government’s yet-to-be launched policy.

She visited VLISCO group, one of the oldest textile companies in the country as well as DTRT Group textile company, another local garment production company in the Tema enclave .

Speaking to journalists, the minister assured Ghanaians of her commitment to help formulate policies to support the companies to create jobs while assuring that the government will assist them tackle the challenges local companies face in the sector.

“When the government comes in with the necessary support, these industries will be able to run three shifts for others to get employment opportunities,” the Minister noted and emphasised that “the success of the implementation of the 24-hour economy policy hinges on the private sector.”

“When the government comes in with the necessary support, these industries will be able to run three shifts for others to get employment opportunities.”

He added in Akan that “the government is focused on getting these companies to run three shifts and we are committed to assessing the challenges confronting these companies and help them surmount them so that we can create jobs for our young ones.”

Madam Ofosu-Adjare was accompanied by the CEO of EXIM Bank, Sylvester Mensah, and other officials from the Ministry of Trade.

About the 24-hour Economy

The 24-Hour Economy initiative was one of the key policy proposals highlighted during Mahama’s campaign in the run up to the December 7 elections.

According to the NDC, the initiative seeks to provide an opportunity to unlock the country’s full potential.

A 24-hour economy is a system where businesses and services operate beyond traditional daytime hours, making them available in the evenings, night-time and early morning.

This allows for increased flexibility in accessing goods and services and creates more job opportunities, especially for individuals who prefer or are available to work during non-traditional hours.

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