The Minister of State at the Ministry of Finance, Dr. Mohammed Amin Adam has urged the economic managers of the advanced countries to be intentional about supporting and empowering emerging economies, by creating an enabling environment for international trade to thrive.
Dr. Mohammed Amin Adam made this call when he spoke in Nairobi at the just-ended African Climate Summit on the topic, ‘’From Commitment to Action, Creating Fiscal Space for Climate Action Agenda 2063 and the SDGs in Africa’’.
He bemoaned the situation where some policies of advanced countries indirectly stifled the economies of countries that were already in distress.
He furthered that on the basis of open and fair trade, Africa could also mobilize the needed resources that would enable the continent to augment capital inflows from development partners.
Andrew Mitchell, UK’s Minister of State for Development and Africa, in his remarks, pledged the British government’s support via increased funding to help Africa tackle Climate Change.
He stated that his government would issue a paper that would outline their objectives, commitment, and the necessary steps to be taken towards achieving those objectives.
Mr Mitchell also indicated that it was time to inject optimism into the fight against climate change.
Fitsum Assefa Adala, Ethiopia’s Minister for Planning and Development added that it was time for African money to work for Africa and that could be achieved through an honest assessment of economic performance.
She noted, ‘’by engaging in frank, honest assessment of our performance, we will be able to measure our progress and know where our resources really go”.
Latest Stories
-
Local Government Minister proposes sanitation levy to address Ghana’s waste management crisis
5 hours -
Central University Vice Chancellor calls for Fee Voucher System to support private universities
5 hours -
Heritage Month Cooking Competition showcases Ghana’s culinary richness
5 hours -
His finest hour yet: The Bawumia concession and lessons in leadership
7 hours -
EC reschedules nomination for Nkoranza North and South District Level Elections
8 hours -
Energy Minister must recover stolen ECG containers or be held accountable – Ntim Fordjour
8 hours -
CLOGSAG suspends strike over Births and Deaths Registry appointment
8 hours -
Ing. Ludwig Annang Hesse is new president of GhIE
8 hours -
One artiste can’t take Ghana to the top, we must collaborate – Edem
8 hours -
Presidency hasn’t ordered NIB to investigate Akufo-Addo’s travels – Felix Kwakye Ofosu
8 hours -
Edem explains how 2023 motor accident made him lose gigs
8 hours -
Smoke detectors and modern technology: A game-changer in Ghana’s fight against market and home fires?
9 hours -
Provisional results for 2025 WASSCE First Series released
9 hours -
M&O Law Consult’s Emmanuel Mate-Kole awarded for ‘Excellence in Strategic Law Firm Leadership Management’
9 hours -
50 female entrepreneurs graduate from Access Bank Ghana’s Womenpreneur Pitch-A-Ton
9 hours