The Ghana Government has signed a €40 million financing agreement with the European Union (EU) for investment promotion and job creation in the country. The financing agreement which is the last one under the 11th European Development Fund and National Indicative Programme for the period from 2014 and 2020, will focus on promoting conducive business climate, strengthening public financial governance and employment creation. Among others, it would promote domestic foreign investments, strengthen public financial governance, boost domestic revenue mobilization and combat corruption in the public sector.
The agreement is expected to support Ghana’s ambition of attaining the United Nations Sustainable Development Goals (SDGs) and President Akufo-Addo’s vision of achieving the “Ghana Beyond Aid” to accelerate economic growth.
