• About
  • Advertise
  • Privacy Policy
  • Contact
Monday, October 20, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

GhanaCares Obaatanpa Program to Boost Export Capacity of the Country- Finance Minister

M.Cby M.C
November 24, 2022
Reading Time: 2 mins read
M.Cby M.C
in Sub Top Stories2, Vaultz Business
0
GhanaCares Obaatanpa Program to Boost Export Capacity of the Country- Finance Minister

Ken Ofori Atta Minister of Finance

Presenting the 2023 budget statement, Minister of Finance, Ken Ofori Atta, has disclosed that government of Ghana will leverage the GhanaCares Obaatanpa project to bolster the productive and export capacity of the private sector.

According to the finance minister, the high food prices and pressures on the local currency validate the current focus of the GhanaCARES Programme to bolster the productive and export capacity of the private sector.

To this end, Mr Ken Ofori-Atta said the economic enclave project with focus on providing support for the cultivation of up to 110,000 acres of land in the Greater Accra, Ashanti, Central, Savannah and Oti Regions was being pursued.

RelatedPosts

GSE Ends September with a Bang — Composite Index Climbs Past 8,000 Points in Spectacular Market Comeback

Millions Lost to Mobile Money Scams as Cyber Fraud Skyrockets in Ghana — CSA Raises Alarm

Ghana Stock Exchange Ends Week Strong As GSE Financial Stocks Surge 2.9% in a Week

The finance minister noted that this initiative would expand the production and productivity in rice, tomato, maize, vegetables and poultry and was being led and coordinated by the Millennium Development Authority (MiDA) in collaboration with other government institutions.

“Mr. Speaker, consistent with the private sector-led approach, the programme will engage interested private sector actors to expand and agricultural production and processing in the Asutuare-Tsopoli Economic Enclave area based on a Partnership Framework. The same approach will be adopted for the lands secured in the Ashanti, Central, Savannah and Oti regions.”

Mr Ken Ofori-Atta

Mr Ken Ofori-Atta disclosed that the government has also initiated discussions with the Graphic Communication Group Limited to explore the feasibility of producing paper locally using the by-products of the cultivated rice in the Economic Enclave at Asutuare as raw material. “It is envisaged that the imports of paper will be replaced, and more jobs created,” he said.

In addition to the Enclave Project, the finance minister noted that the GhanaCARES programme in 2023 would continue to offer catalytic support in some targeted areas.

ADVERTISEMENT

Mr Ofori-Atta asserted that the programme would work with DBG to provide funding to interested and targeted farmers, support MoFA to adopt and deploy the farmer registration database for the farmer input subsidy programme to enhance efficiency; and support the Ministry of Communication and Digitalisation (MoCD) to establish a tech hub to improve knowledge in Technology and innovation by the youth, in collaboration with the University of Ghana.

The finance minister averred that the programme would also ensure the operationalisation of the Foundry under a sustainable private sector management framework; and provide interest rate subsidies and direct financing; including supporting prioritised sectors in the rural economy through the ARB Apex Bank and its network of banks as agreed under the AfDB-supported Post-COVID Skills and Productivity Enhancement Project.

READ ALSO: Gov’t To Review E-Levy Rate To 1%, Increase VAT By 2.5%

Please login to join discussion
Previous Post

Haruna Iddrisu Describes 2023 Budget As ‘ɛka mpɛ dede’

Next Post

The Barter Of Gold For Oil Represents A Major Structural Change- Dr Bawumia

Subscription Form

Related Posts

GSE Ends September with a Bang — Composite Index Climbs Past 8,000 Points in Spectacular Market Comeback
Securities/Markets

GSE Ends September with a Bang — Composite Index Climbs Past 8,000 Points in Spectacular Market Comeback

October 20, 2025
Millions Lost to Mobile Money Scams as Cyber Fraud Skyrockets in Ghana — CSA Raises Alarm
Vaultz Business

Millions Lost to Mobile Money Scams as Cyber Fraud Skyrockets in Ghana — CSA Raises Alarm

October 19, 2025
Ghana Stock Exchange Ends Week Strong As GSE Financial Stocks Surge 2.9% in a Week
Securities/Markets

Ghana Stock Exchange Ends Week Strong As GSE Financial Stocks Surge 2.9% in a Week

October 18, 2025
24-Hr Economy, Big Push to increase per capita – O’Brien poised
Economy

24-Hr Economy, Big Push to increase per capita – O’Brien poised

October 18, 2025
Debt Discipline Paying Off? IMF Projects Ghana’s Debt-to-GDP Ratio to Hit 59% by End of 2025
Economy

Debt Discipline Paying Off? IMF Projects Ghana’s Debt-to-GDP Ratio to Hit 59% by End of 2025

October 16, 2025
Ghana’s Finance Minister, Dr. Cassiel Ato Forson, with Ajay Banga, President of the World Bank Group
Economy

Ghana, World Bank Strengthen Partnership to Accelerate Development in Priority Sectors

October 15, 2025
Ursula Owusu-Ekuful Declares Bid to Lead NPP’s Renewal Drive as General Secretary
General News

Ursula Owusu-Ekuful Declares Bid to Lead NPP’s Renewal Drive as General Secretary

by Silas Kafui AssemOctober 20, 2025
UP’s Formation: a Timely Reminder for NPP to Reconnect with its Roots – Boakye-Danquah
General News

UP’s Formation: a Timely Reminder for NPP to Reconnect with its Roots – Boakye-Danquah

by Emmanuel Tibila BoasahOctober 20, 2025
Hon. Haruna Iddrsu, Ghana's Minister for Education
General News

Education Minister Announces Review of Computerized School Selection System, Promises Major SHS Infrastructure Expansion

by evansjrOctober 20, 2025
Illegal Gold Processing Hits Accra Homes, EPA Warns
Extractives/Energy

Illegal Gold Processing Hits Accra Homes, EPA Warns

by Bless Banir YarayeOctober 20, 2025
US special Envoy, Steve Witkoff.
Asia

Witkoff, Kushner Arrive In Israel Amid Fragile Ceasefire

by Comfort AmpomaaOctober 20, 2025
Gasoline Pumps
Extractives/Energy

Fuel Prices Drop: Petrol at GH¢12.77, Diesel GH¢12.97 

by Prince AgyapongOctober 20, 2025
Ursula Owusu-Ekuful Declares Bid to Lead NPP’s Renewal Drive as General Secretary
UP’s Formation: a Timely Reminder for NPP to Reconnect with its Roots – Boakye-Danquah
Hon. Haruna Iddrsu, Ghana's Minister for Education
Illegal Gold Processing Hits Accra Homes, EPA Warns
US special Envoy, Steve Witkoff.
Gasoline Pumps

Recent News

Ursula Owusu-Ekuful Declares Bid to Lead NPP’s Renewal Drive as General Secretary

Ursula Owusu-Ekuful Declares Bid to Lead NPP’s Renewal Drive as General Secretary

October 20, 2025
UP’s Formation: a Timely Reminder for NPP to Reconnect with its Roots – Boakye-Danquah

UP’s Formation: a Timely Reminder for NPP to Reconnect with its Roots – Boakye-Danquah

October 20, 2025
Hon. Haruna Iddrsu, Ghana's Minister for Education

Education Minister Announces Review of Computerized School Selection System, Promises Major SHS Infrastructure Expansion

October 20, 2025
Illegal Gold Processing Hits Accra Homes, EPA Warns

Illegal Gold Processing Hits Accra Homes, EPA Warns

October 20, 2025
US special Envoy, Steve Witkoff.

Witkoff, Kushner Arrive In Israel Amid Fragile Ceasefire

October 20, 2025
Gasoline Pumps

Fuel Prices Drop: Petrol at GH¢12.77, Diesel GH¢12.97 

October 20, 2025
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address