Wednesday, January 30, 2013
By
Edmund Mingle
The
Vice President Kwesi Amissah-Arthur yesterday allayed the fears of the investor
community about the current political situation in the country, following the
opposition’s legal challenge over the election results, saying investor need
not worry.
The Vice President in a pose with Trudy Kernighan(second from left) and other officials from the Canadian High Commission |
“Our
election is not in dispute,” he said.
He
said there was no need to harbour any fear of uncertainty because the business
of government will continue to run in spite of the legal battle, which he was
optimistic would end in favour of the government.
Vice
President Amissah-Arthur gave the assurance to the investor community during a
courtesy call on him by the Canadian High Commissioner to Ghana, Trudy
Kernighan at the Flagstaff House in Accra.
According
to him, the government does not expect the legal challenge to change anything
because the President rightly won the elections.
“We
are optimistic it would end in our favour, and for the Court to confirm that
the President really won,” he said.
The
opposition New Patriotic Party which lost the elections is challenging the
results at the Supreme Court, claiming the election was rigged for President
Mahama. But the government believes it is an exercise in futility since the
claims are false.
Analysts believe the case could have a negative
effect of the economy because of the uncertainty it could create among
investors.
But the Vice President indicates that there is
no cause for worry. He therefore, urged
businesses to take advantage of the congenial economic climate to increase
their investments in the country, since Ghana’s economic prospects continue to
improve.
“Ghana
is moving on,” he said, and urged the business players to join the economic
progress by exploiting business opportunities.
He
urged the present and prospective investors, both within and abroad, not to be
discouraged by the court case, and rather be inspired by the country’s positive
economic and democratic credentials.
Touching
on Ghana’s relations with Canada, the Vice President lauded the continued
development assistance from that country in support of Ghana progress.
He
cited development interventions supported by the Canadian government through
the Canadian International Development Agency(CIDA) in various sectors of the
Ghanaian economy, and described the assistance as exemplary.
The
Vice President also commended the government of Canada for directing
investments to Ghana, and gave the assurance that measures have been instituted
to sustain the stability of the economy for the benefits of businesses.
He
informed the High Commissioner that the government was aiming at encouraging
investors to shift from portfolio investment to direct investment, believing
that such a move would help to increase production and generate more jobs for
Ghanaians.
Madam
Kernighan, for her part, was happy about the strong bilateral ties between the
two countries, saying the government of Canada remained committed to its
friendship with Ghana because of the benefits that have accrued for their
people over the years.
She
said because of the growing economic partnership, the government of Canada
continued to expand its assistance programme for Ghana, saying the Canada has
over the years supported interventions in the areas of education, health,
mining, water and business growth.
She
announced the impending visit of the Canadian Minister of Trade to Ghana as
part of Canada’s efforts to explore emerging opportunities from its economic
partnership with Ghana.