Mahama to use government financial muscle to give advantage to Ghanaian registered companies

Supporting local companies is crucial for a country's economic development and growth.

Here are some reasons why prioritizing and supporting local businesses is important:

Local companies significantly contribute to job creation, reducing unemployment rates and improving the standard of living.

Local businesses drive economic growth by generating revenue, paying taxes, and stimulating other sectors.

They play a crucial role in community development, supporting local initiatives and contributing to the community's well-being.

Supporting local companies fosters innovation and competition, offering consumers diverse options.

Local businesses prioritize sustainable practices and environmental responsibility, promoting sustainable development.

They reflect a country's cultural identity and heritage, preserving and promoting cultural traditions.

Former President John Dramani Mahama has promised to use the government's financial muscle to give advantage to Ghanaian registered companies if elected president. He emphasized the importance of supporting local businesses and creating a conducive environment for them to thrive.

Mahama's administration would prioritize Ghanaian companies in government contracts and procurement processes, ensuring a fair chance to compete with foreign companies. He also pledged financial support and incentives to help local businesses grow and expand.

The former president highlighted the need to promote economic growth and create job opportunities, stating that supporting local businesses is key to achieving these goals. He emphasized building a strong and resilient economy that benefits all citizens.

Mahama's promise has been welcomed by many, who see it as a positive step towards promoting economic development and empowering local businesses.

If elected, his administration will follow through on these promises, creating a more inclusive and prosperous economy for all Ghanaians.