Makhtar Diop, Managing Director of the International Finance Corporation (IFC), has called on Ghana to harness the potential of its diaspora to fuel national development during a high-level meeting with Finance Minister Dr. Cassiel Ato Forson. The meeting, aimed at reinforcing Ghana’s relationship with the global development finance institution, explored strategic investment opportunities that could boost productivity and economic returns.
Diop highlighted the untapped potential of Ghana’s diaspora, urging the country to fully leverage this resource for growth. He also stressed the importance of focusing investments in targeted sectors to maximize productivity.
In response, Dr. Forson expressed gratitude for the IFC’s ongoing support and reaffirmed Ghana’s commitment to attracting more private sector investment, particularly in infrastructure development and agriculture. He also extended an invitation to Diop to visit Accra soon, conveying President John Dramani Mahama’s warm greetings.
Dr. Johnson Asiama, Governor of the Bank of Ghana, also participated in the discussions, highlighting the critical role of financial sector cooperation. He pointed out that Ghana would benefit significantly from the IFC’s support in stabilizing and revitalizing specialized deposit-taking institutions, which are in the midst of a recovery process following sector-wide reforms.
The meeting was attended by key economic officials, including Dr. Nii Moi Thompson, Chairman of the National Development Planning Commission (NDPC), and Mr. Seth Terkper, Senior Economic Advisor at the Ministry of Finance.
