President Nana Addo Dankwa Akufo-Addo has pledged $100m to be invested by government into struggling local industries, as part of efforts to get the Ghanaian economy back on track.

Speaking to members of the Ghanaian community in Switzerland, the President laid bare his vision to transform Ghana into a self sustaining state weaned off of donor funds/international loans.

He also revealed an ambitious stimulus plan to get the local economy moving once again.

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“We have decided to provide a stimulus package to the tune of US$100million to local industries that are in distressed states, assist new enterprises to grow in the country,” he said.

“This is part of the desire to grow the economy as rapidly as possible. We are doing so not just for the purposes of relief but also to provide a stimulus for the Ghanaian private sector, allowing them to hold on to more money and betting on their capacity to use that money to grow our economy”.

He said all his actions as President would be geared towards building a Ghana “which is no longer dependent on handouts and charity. For well-meaning people to be able to say that we, from our resources, with our own intelligence, can mobilise public action to be able to confront the issues and develop effectively,”

Touching on issues of education and health, the President reiterated his belief that every Ghanaian deserves an opportunity to be educated to develop their full potential, which is why he’s fervently backing a free Senior High school education plan.

“I think we should create the circumstance where every Ghanaian child up to the ages of at least seventeen or eighteen will be able to go to school without it being a burden on the parent,” he said, adding that the National Health Insurance Scheme would be rebuilt under his watch to provide quality, affordable healthcare to every Ghanaian.

Check out some photos from the Geneva (Manasseh’s city) meeting below…