Presidential Special Initiative (PSI)

The president, Mr. John Agyekum Kufuor, Has launched the 'Presidential Special Initiative' (PSI) that will ginger public-private sector partnership and create some 100,000 jobs within the next four years.
The initiative, which is two-fold, will lead to a realization of the president's vision to create a ‘Golden Age of Business'. The initiative is Ghana 's response to the United States ' African Growth and Opportunity Act (AGOA), and would ensure that Ghana takes full advantage of the Act.

The president John Agyekum Kufour said,"The battle to eradicate poverty is a joint effort, the battle to bring back the smiles to the faces of our people has begun." President Agyekum Kufour

President Kufuor has constituted an Inter-Ministerial Facilitation Team made up of ministers of state to coordinate activities and to ensure the success of the PSI.

To realise the set goals under the PSI a round table on exports comprising key service providers has been established.

Under PSI the focus will be on the development and export of starch from cassava, garments and textiles to the US market. The processing and export of starch, which would be entirely driven by farmers in the rural communities. As part of the programme 25,000 farmers from 10 districts would be engaged in the production and processing of cassava into starch.

Besides, the garments and textiles sector would create 70,000 jobs and is likely to generate export revenue of $3.4 million in four years.

The PSI second production platform, would involve building capacity of about 100 Ghanaian enterprises to establish and operate medium-scale manufacturing plants for garments.