Dr. Mahamudu Bawumia<\/strong><\/p>\n\u00a0<\/p>\n
The flagbearer of the governing New Patriotic Party (NPP), Dr. Mahamudu Bawumia, has announced that an NPP government under his leadership will implement a \u201cBuy Ghana First\u201d policy to stimulate local economic growth.<\/p>\n
Speaking at the launch of the NPP\u2019s manifesto, Dr. Bawumia emphasised the need to prioritise local goods and services in government procurement.<\/p>\n
\u201cWe will use the government\u2019s purchasing power to stimulate industrial expansion and business growth, which will help create jobs,\u201d he stated.<\/p>\n
The \u201cBuy Ghana First\u201d policy aims to ensure that all goods and services procured by the public sector are first sourced from local producers.<\/p>\n
According to him, this move will boost domestic demand, increase production, and create jobs.<\/p>\n
Dr. Bawumia explained that the policy will be backed by legislation to ensure its effective implementation.<\/p>\n
\u201cWe will roll out a \u2018Buy Ghana First\u2019 policy under which all goods and services procured by the public sector will first be filled by goods and services produced locally,\u201d he said.<\/p>\n
He indicated that the NPP believes that this policy will help to stimulate local economic growth, create jobs, increase domestic demand, boost production, and support small and medium-sized enterprises (SMEs).<\/p>\n
World-Class Digital Economy<\/strong><\/p>\nDr. Bawumia noted that the ambitious plan of the NPP includes a move to accelerate Ghana\u2019s growth into a world-class digital economy, making it the digital hub of Africa.<\/p>\n
He announced that the NPP would implement policies, competitive incentives, and investments to drive this transformation.<\/p>\n
He said the key initiatives would include establishing a national robotics, engineering, and AI lab, providing venture funding and grant support for Ghanaian start-ups, creating \u201clive lab\u201d opportunities for start-ups to test their ideas, expanding the regulatory sandbox for Tintechs, and establishing a Fintech Fund with US$100 million seed capital.<\/p>\n
The rest include achieving cross-border mobile money interoperability, implementing Digital Residency and Digital Nomad Visa schemes, appointing a Digital Ambassador to promote Ghanaian digital talent and products, and increasing internet penetration to over 90%.<\/p>\n
He said the NPP aims to position Ghana as a leader in the digital economy, creating jobs, driving innovation, and supporting the growth of Ghanaian high-tech businesses.<\/p>\n
This vision aligns with the party\u2019s commitment to leveraging technology to drive economic growth and improve lives.<\/p>\n
\u201cInternet Penetration has increased from 32% in 2016 to 70% in 2024,\u201d he pointed out.<\/p>\n
He disclosed that the government would implement comprehensive data interoperability across government platforms to enhance transparency and streamline services, create a marketplace to streamline public sector procurement, abolish E-Levy, and ensure holders of GhanaCard are not required to fill out separate forms to apply for passports.<\/p>\n
The government will work with industry players to make more spectrum available to operators at affordable prices, including 5G, and eliminate import duties on mobile phones until manufacturing capacity is established in Ghana.<\/p>\n
By Ernest Kofi Adu<\/strong>
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Dr. Mahamudu Bawumia \u00a0 The flagbearer of the governing New Patriotic Party (NPP), Dr. Mahamudu Bawumia, has announced that an NPP government under his leadership will implement a \u201cBuy Ghana First\u201d policy to stimulate local economic growth. Speaking at the launch of the NPP\u2019s manifesto, Dr. Bawumia emphasised the need to prioritise local goods and […]<\/p>\n","protected":false},"author":1,"featured_media":136238,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-211363","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"\n
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