The Private Enterprise Federation(PEF) has reiterated its call of partnering government to create mass employment in the country.
This follows President Akufo-Addo’s commitment announced during the State of the Nation Address to help the private sector grow for economic development.
Speaking to Citi Business News, the Chief Executive Officer of the PEF, Nana Osei Bonsu said his outfit is ready to collaborate with government to eradicate the high unemployment rate in the country.
“Of course the private sector has been lamenting and talking about the lack of opportunity so if government is creating the enabler, creating the framework, creating the environment, why wouldn’t the investor take advantage?,” he said.
He pointed out that one important sector of the economy that needs attention is the Agriculture sector which has the potential to employ many Ghanaians.
“Let’s take for instance agriculture; this sector is not getting any money or investment going in there. If government decides to provide tax incentives so that any business that invests in it gets zero taxing as returns, it will yield to the benefit of the country. So these are the tools that will attract the private sector,” he said.
He added that the private sector is ready to take on opportunities offered by government to facilitate the growth of the economy.
“So the private sector is willing and ready. So far as the enablers will be put in place we are ready to work with Government.”
AGI joins PEF to push for tax cuts
Meanwhile, the Association of Ghana Industries(AGI) says granting industry some tax reliefs will create a major boost for the sector.
The association which is currently reeling under numerous tax charges says they are confident the president will deliver on his word.
President of the AGI James Asare Adjei said the association is awaiting implementation of the tax relief.
By: Jessica Ayorkor Aryee/citibusinessnews.com/Ghana.