Accra, 5th July 2022 - The Government has signed a strategic framework document with the State of Kuwait to support the entry’s implementation of key initiatives under the COVID-19 Alleviation and Revitalization of Enterprises Support (Ghana CARES) programme. and Revitalization of Enterprises Support (Ghana CARES) programme.

Revitalization of Enterprises Support (Ghana CARES) programme.

The signing of the Aide Memoire, the first of a kind between the two countries will see the implementation of various programmes
and projects under the Ghana CARES in agriculture, education, health, and entrepreneurship. The Minister for Finance, Hon Ken Ofori-Atta signed the agreement on behalf of the Government of Ghana, while Mr. Thamer Al- Failakawi, the Deputy Director of Operations West Africa, signed for the Kuwait Fund for Arab Economic Development. Through this development cooperation, the Kuwait Fund would provide Ghana with 20.0 million Kuwaiti Dinars (equivalent to USD70million) for financing of projects to produce poultry and rice, which would create more jobs for the youth.

There would be the construction of mechanized irrigation canals and road access, as well as greenhouse estate with ancillary
training facility for entrepreneurship and innovation. Three new model Senior High Schools would be constructed in the Bono, Central and Western regions, while there would be the provision of laboratories for Research and Development, Science, Technology, and Innovation Directorate.

Speaking at the signing ceremony, Mr. Ofori-Atta said, “This support could not have come at a better time. As you are aware, these areas the Kuwait Fund for Arab Economic Development is supporting are sectors that are of priority to the Government of Ghana, in terms of job creation.” “As we have stressed, the CARES Revitalization & Transformation agenda is about national survival and security, just like our response to the COVID-19 pandemic itself; and it’s therefore, approached as such, with a resolute focus on implementation,” he added.

There would be the construction of mechanized irrigation canals and road access, as well as greenhouse estate with ancillary
training facility for entrepreneurship and innovation. Three new model Senior High Schools would be constructed in the Bono, Central and Western regions, while there would be the provision of laboratories for Research and Development, Science, Technology, and Innovation Directorate. Speaking at the signing ceremony, Mr. Ofori-Atta said, “This support could not have come at a better time. As you are aware, these areas the Kuwait Fund for Arab Economic Development is supporting are sectors that are of priority to the Government of Ghana, in terms of job creation.” “As we have stressed, the CARES Revitalization & Transformation agenda is about national survival and security, just like our response to the COVID-19 pandemic itself; and it’s therefore, approached as such, with a resolute focus on implementation,” he added. There would be the construction of mechanized irrigation canals and road access, as well as greenhouse estate with ancillary.
training facility for entrepreneurship and innovation. Three new model Senior High Schools would be constructed in the Bono, Central and Western regions, while there would be the provision of laboratories for Research and Development, Science, Technology, and Innovation Directorate. Speaking at the signing ceremony, Mr. Ofori-Atta said, “This support could not have come at a better time. As you are aware, these areas the Kuwait Fund for Arab Economic Development is supporting are sectors that are of priority to the Government of Ghana, in terms of job creation.” “As we have stressed, the CARES Revitalization & Transformation agenda is about national survival and security, just like our response to the COVID-19 pandemic itself; and it’s therefore, approached as such, with a resolute focus on implementation,” he added.