{"id":25334,"date":"2023-03-07T11:43:53","date_gmt":"2023-03-07T11:43:53","guid":{"rendered":"https:\/\/www.ghanamma.com\/2023\/03\/07\/create-the-environment-for-private-businesses-to-be-competitive-govt-told\/"},"modified":"2023-03-07T11:43:53","modified_gmt":"2023-03-07T11:43:53","slug":"create-the-environment-for-private-businesses-to-be-competitive-govt-told","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2023\/03\/07\/create-the-environment-for-private-businesses-to-be-competitive-govt-told\/","title":{"rendered":"Create the environment for private businesses to be competitive &#8211; Govt told"},"content":{"rendered":"<p><\/p>\n<div>\n<div class=\"td-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"696\" height=\"368\"  alt=\"\" title=\"Akufo-Addo\" src=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2023\/03\/Akufo-Addo-696x368.png\" data- class=\"entry-thumb td-modal-image lazyload\"\/><noscript><img loading=\"lazy\" decoding=\"async\" width=\"696\" height=\"368\" class=\"entry-thumb td-modal-image\" src=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2023\/03\/Akufo-Addo-696x368.png\"   alt=\"\" title=\"Akufo-Addo\"\/><\/noscript><\/div>\n<p><strong>The Deputy Chief Economist of Development Bank Ghana (DBG), Dr Godwin Kojo Ayenor, has said the government must create the enabling for the private sector to flourish.<\/strong><\/p>\n<p>He stated that the sector needs to be competitive and that can only happen when the enabling environment has been created.<\/p>\n<p>\u201cThe private sector needs to be competitive and the government needs to create the environment for that to happen,\u201d he said.<\/p>\n<p>\u201cThere are spaces and gaps in this whole ue chain and so we need to connect the demands with the supply and create the enabling environment for the private sector to invest,\u201d Dr Ayenor said during a media interaction in Accra last Thursday.<\/p>\n<p>The Development Bank Ghana (DBG) has embarked on an initiative to boost the production of poultry and three cereals in order to promote food security in the country.<\/p>\n<p>The cereals are rice, maize and soya bean.<\/p>\n<p>Under the initiative, which takes off with workshops, the bank will provide support to players in the ue chain to boost the production of the commodities locally.<\/p>\n<p>The\u00a0Deputy Chief Executive Officer of the DBG, Michael Mensah Baah said with about $1 billion spent on rice imports and $600 million to import poultry annually, the country would save a lot through the intervention the bank was putting in place.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Deputy Chief Economist of Development Bank Ghana (DBG), Dr Godwin Kojo Ayenor, has said the government must create the enabling for the private sector to flourish. He stated that the sector needs to be competitive and that can only happen when the enabling environment has been created. \u201cThe private sector needs to be competitive [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":25335,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-25334","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Create the environment for private businesses to be competitive - Govt told - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2023\/03\/07\/create-the-environment-for-private-businesses-to-be-competitive-govt-told\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Create the environment for private businesses to be competitive - Govt told - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"The Deputy Chief Economist of Development Bank Ghana (DBG), Dr Godwin Kojo Ayenor, has said the government must create the enabling for the private sector to flourish. 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