GVCA CEO Amma Gyampo Urges Productivity Push to Drive Jobs and Investment
CEO of the Ghana Venture Capital and Private Equity Association(GVCA), Amma Gyampo has made a call for Ghana to transition from a treasury bill-driven economy to a more productivity-led growth model, with a strong focus on demand-driven development and industrialisation.
Speaking on the topic ”Ghana’s Economic Reset:What it means for Investors and SMEs” as part of Investment Readiness Business Webinar Series organized by UKGCC and Deloitte, Amma Gyampo stressed the need for the country to prioritise productivity drivers that will enable individuals and businesses to actively contribute to economic growth.
According to the speaker, Ghana must move beyond heavy reliance on short-term government securities and instead invest in sectors that generate real economic value and sustainable jobs.
“ I think we need to really focus on the demand driven side of our economy, the productivity drivers of our economy. As we’ve seen in some of the presentations today, we need to move from a T-bill economy to a productivity led economy. And that’s what the potential of the reset offers us. “ she stated
Amma Gyampo however, emphasized the need to place more attention on execution, noting that policies alone are not enough without proper implementation and alignment of key economic fundamentals.
“But again, as our previous speaker said, it’s really about execution and making sure that we have all our ducks in a row and that we can actually deal with the fundamentals of our economy to be more productive and to feed into the businesses and the ventures that would actually create the jobs at scale” she added
Amma Gyampo also made a call for strategic industrialisation, urging policymakers to focus on the right economic levers to support investors, domestic producers, manufacturers, and suppliers.
The session which was organized by the UK-Ghana Chamber of Commerce (UKGCC) in partnership with Deloitte Ghana is designed to help businesses navigate Ghana’s evolving economic landscape following recent national dialogues and budget announcements.
About The Author
