The Vice-President, Dr. Mahamudu Bawumia, has charged state agencies whose mandate have a direct impact on businesses and investments to implement reforms that will help improve the country's ease of doing business.
The World Bank ranked Ghana 114th out of 190 countries in the world and 14th in sub-Saharan Africa in its latest ease of doing business ratings.
The latest ranking means that Ghana has moved six places up from the 2018 ratings that saw the country place 120th.
However, speaking at a national stakeholders' meeting on reforms by the government to further improve ease of doing business in Accra yesterday, the Vice-President said although the country had made some gains, more work needed to be done to consolidate the gains and make Ghana the preferred destination for investors.
“The reasons behind the improved performance in the ease of doing business in 2019 are improvement in trading across borders through the implementation of the paperless customs clearance system, construction permits that strengthen construction quality controls and improvement in paying taxes.
“But we only moved up by six places; meanwhile the ranking is very competitive and all countries are reforming their operations to do well. So if we go to sleep, others will overtake us,” he said.
The meeting brought together officials from ministries, departments and agencies (MDAs), such as the Ghana Revenue Authority (GRA), the Ghana Export Promotion Authority (GEPA), the Registrar-General's Department, the Judicial Service and some private sector players.
Key personalities who were at the meeting included the Senior Minister, Mr Yaw Osafo-Maafo; the Registrar-General, Mrs Jemima Oware; the Chief Executive Officer (CEO) of GEPA, Ms Afua Asabea Asare, and a Supreme Court judge, Mr Justice Marful-Sau.
The meeting was meant to appraise the reforms being taken by the agencies to improve service delivery to help improve the business environment.
The MDAs made presentations on how they were reforming to deliver on their mandates.
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