Date: 2017-08-01

Business confidence continued to rise from 103.8 to 109.2 in Q2, 2017 according to the AGI Business Barometer report. Government’s effort towards ensuring macro-economic stability in the first half of the year is paying off. Against the background of a relative stability in exchange rate, policy rate and inflation figures dropping consistently, businesses expect to see the macro-economic fundamentals impacting positively on cost of doing business. Expectations of the One-District-One-Factory initiative and the stimulus package have also added to the outlook for quarter two. AGI therefore commends Government for the relative stability in the economy and urges the managers of the economy to endeavor to sustain and improve on the macro-economic indicators.

The Association would however like to draw Government’s attention to some of the worrying concerns that must be addressed to further boost confidence, going forward;

Signed: James Asare-Adjei

AGI President

For and on behalf of Association of Ghana Industries

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