The Government of Switzerland (GoS) has awarded a grant of $77 million (equivalent of CHF65 million) to support the development of a resilient and forward-looking economy in the country.
The grant was made possible through the new State Secretariat for Economic Affairs (SECO) Cooperation Programme to help create jobs, improve the business environment, enhance effective governance and promote environmental preservation in the next four years.
As a result, the SECO Ghana Cooperation Programme (2025-2028) was launched last Thursday with the aim of building the capacity of the country to withstand global challenges and generate prosperity for citizens.
Launching the Ghana Cooperation Programme in Accra, the Swiss Ambassador to Ghana, Simone Giger, explained that the programme was designed to help the country revitalise its economy to withstand challenges.
She said it was also meant to strengthen local governance, ensure a thriving private sector that generates jobs and income, and environmental integrity.
“It is a grant and for that reason must not be paid back, but it is significant that many of the countries are cutting back on their development cooperation, however, the Swiss Government has been able to maintain the envelope for Ghana,” the ambassador said.
She said SECO’s new development cooperation, which was prioritised for Ghana, reinforced Switzerland’s commitment to promoting sustainable economic growth, private sector development and job creation in the country.
Ms Giger said over the decade, the relationship between Ghana and Switzerland had developed into a dynamic and multifaceted partnership.
Credit: graphiconline
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