Government’s efforts to reverse the economic downturn unprecedented

Government’s efforts to reverse the economic downturn unprecedented

He said the government was committed to creating more employment opportunities in both the private and public sectors and improve the physical infrastructure for a rebound of the economy.

Dr Letsa, speaking during the May Day celebration in Ho, on the theme: “Protecting jobs and income in the era of COVID-19 pandemic and beyond,” noted that government was taking measures to protect and support many businesses.

He said the National Micro, Small and Medium Scale Enterprises (MSMEs) and entrepreneurship policy is the first of its kind in Ghana designed to direct the growth of the sector.

The policy, he said, provided clear policy direction and opportunities for all actors and to enable them contribute meaningfully to the development of the country.?

The policy was put in place by government to help SMEs grow into sustainable businesses capable of competing on the regional, continental and global market, he said.

Dr Letsa charged the citizens to work diligently and in truth in “order that together we can increase productivity in all aspects of our national life and make our dear nation greater and stronger.”

He said Government was aware of all the concerns of labour and was not looking unconcerned, but rather had resolute commitment to addressing the concerns.

“Let me assure you that Government will work assiduously toward protecting the rights and interests of workers to fully utilise your potential to contribute to nation building,” Dr Letsa noted.

He said Government was also committed to ensuring a suitable pension for all pensioners and would continue to compensate them appropriately for their services to the country.

We have and will also continue to ensure prudent management of the tier one contributions of workers to guarantee good investment and returns on the investment of pension funds, he added.

Source: Ghana News Agency