- Politics /December 5, 2018/
President Akufo-Addo announced a GH¢270million stimulus package for local industries.
Under the programme, the Ministry of Trade and Industry will provide technical assistance, financial
and operational management support to 85 companies across the country, while a facility of GH¢237 million in the
form of medium term credit will be made accessible to 16 firms, including pharmaceuticals, agro-processing,
beverages, cosmetics, textile industries, among others.
This was when he visited Healthilife Beverages Limited located off the Spintex Road to commence
his three-day tour of the Greater Accra Region.
The President wondered why despite the implementation of many policies by his administration,
the opposition party pretends not to appreciate them, saying “let them open their eyes; they will see that
we are transforming Ghana.”
He said the time has come for his political opponents in the National Democratic Congress (NDC) stop the empty criticisms.
They handed to me an economy which was on its knees, choking with a huge debt burden, high interest rate,
high deficit, low growth rate.
“However, having taken over the administration of the country a little over two years ago, my government has
managed to turn around the economy, making good postings,” he asserted.
President Akufo-Addo commended management and staff of Healthilife Beverages Limited, saying
“they are an indication of what is possible if we put our minds to it.”
Managing Director of Healthilife Beverages Company Ltd, Nuamah Fameye, on his part, expressed gratitude
to President Akufo-Addo for the support given to the company to save it from collapse.
He also thanked Ministry of Trade for selecting the company as one of those to benefit
from the President’s support to indigenous Ghanaian businesses.