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Procurement must be used to accelerate economic growth — Finance Minister

By GhanaSummary Newsroom1 min read
Procurement must be used to accelerate economic growth — Finance Minister

He said the government’s annual procurement expenditure should go beyond providing goods and services for public institutions into creating jobs, strengthening local businesses and retaining value in the economy.

The Minister of Finance, Dr Cassiel Ato Forson, has called for the public procurement system to be used strategically to create markets for local industries, support local production and accelerate the nation’s industrial growth.

He, therefore, called for public procurement to be linked to industrial policy to create reliable markets for local businesses, encourage investment, deepen value chains and generate employment.

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