Bawumia Meets With EU Ambassadors And Business Leaders

Mahamudu Bawumia, the Vice President of Ghana and Flagbearer of the New Patriotic Party (NPP) convened a significant meeting with Ambassadors from the European Union (EU) alongside some private sector executives at the EU Ambassador’s Residence in Accra. The gathering served as a platform for Dr.

Bawumia to articulate his strategic vision for Ghana's future development and reforms when elected President of the Republic of Ghana.Dr.

Mahamudu Bawumia outlined his vision for the country's future development by stressing the importance of modernizing the tax system, citing Estonia's blockchain model as inspiration.

He emphasized the importance of responsible small-scale mining to prevent environmental degradation and the need for industrialization to generate employment and attract investments.The Vice President underscored the significance of technology in reorganizing sectors such as agriculture and addressing regional security challenges.

Bawumia expressed readiness to revisit policies, including those related to local content and the Ghana Investment Promotion Centre (GIPC) Act, to foster a more conducive investment environment.

He stressed the importance of predictability in business regulations and proposed reforms in land title systems and tax exemptions for investors.Additionally, the Vice President and Flagbearer of the NPP proposed simplifying the tax system with a flat tax rate and digitizing processes to curb corruption.

Bawumia's comprehensive plan aims to drive economic growth, attract investment, enhance governance, and tackle key challenges facing Ghana.

 

 

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