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To give effect to this vision, the President has directed the Attorney General and Minister of Finance to lay before Parliament two landmark bills [which are] the revised GIPC bill and the legal framework establishing the 24-hour economy authority.
Government will soon lay before Parliament a revised Ghana Investment Promotion Centre (GIPC) Bill alongside a framework for establishing a 24-Hour Economy Authority, as part of efforts to boost investment inflows and expand economic activity.
President John Dramani Mahama disclosed this at the Ghana–Singapore Business Dialogue, adding that he has directed the Attorney General and the Finance Minister to table the bills.
He positioned the reforms as part of efforts to attract foreign capital, while pitching Ghana as a regional hub and home to the African Continental Free Trade Area (AfCFTA) Secretariat, in a bid to draw Singaporean investors.
To give effect to this vision, the President has directed the Attorney General and Minister of Finance to lay before Parliament two landmark bills [which are] the revised GIPC bill and the legal framework establishing the 24-hour economy authority.
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President John Dramani Mahama recently announced at the Presidential Investment Forum in Japan that Ghana is set to abolish the minimum capital requirement for foreign investors under a planned review of the Ghana Investment Promotion Centre (GIPC) Act.
