Business News of Tuesday, 18 March 2025
Source: www.ghanawebbers.com
In a recent statement, Ecocapital CEO urged the government to focus on tourism, agribusiness, and local content in its 2025 budget. Emphasizing the potential these sectors hold for economic growth, he highlighted that prioritizing tourism could significantly boost job creation and foreign exchange earnings. The CEO pointed out that Ghana's rich cultural heritage and diverse attractions make it an ideal destination for international travelers.
Additionally, he stressed the importance of agribusiness as a vital component for ensuring food security and enhancing rural livelihoods. By investing in agricultural innovations and infrastructure, the government can not only support local farmers but also stimulate overall economic development.
The call for increased emphasis on local content aims to foster domestic industries and reduce reliance on imports. By empowering local businesses and encouraging the use of homegrown resources, the country can build a more resilient economy. Overall, the CEO’s recommendations reflect a strategic vision aimed at harnessing Ghana’s unique strengths to promote sustainable growth in the coming years.