Britain To Help Boost Ghana's Economy

Dr. Kwabena Duffuor, Minister for Finance and Economic Planning 

The British Government will this year provide Ghana with £80million (US$115.5) to help boost the nation's economy, in spite of the high level of recession facing the western world.

The British High Commissioner to Ghana, Dr Nicholas Westcott, disclosed this at a forum with the Ghanaian community in London over the weekend

The forum, organised under the auspices of the British High Commission in Accra was to create the platform for the High Commissioner to interact and explain some British Government policies to the Ghanaians.

Hundreds of Ghanaians residing in Manchester, Bristol, Birmingham, Milton Keynes, Southampton, Leeds and London, among others, attended the three and a half hour meeting.

Dr Westcott noted, the British Government will give fiscal cash to the Ghanaian Government because the British Government has absolute trust in the Ghanaian Government, unlike other countries where such aids are provided in other forms.

He said, due diligent monitoring systems on the utilisation of aids given to Ghana by the British Government has proved very positive.

'Besides this, we shall continue our investment programmes in Ghana in anticipation  of helping Ghana's economy grow .You will agree that Ghana's economy is growing whilst the UK's economy is shrinking but we need to do these things,' the High Commissioner said.

The acting Ghana High Commissioner to the UK, Mr Zed Grant-Essilfie, reminded Ghanaians of their obligation to live decent lives and uphold the name of Ghana.

He called on them to continue to be law-abiding and work hard to support themselves and the economy of Ghana as a whole.