$3bn Chinese Loan To Help Create Jobs - Mills

The President of Ghana, John Evans Atta Millls, has assured Ghanaians of more jobs as a move to expand the country�s economy with the arrival of the $3 billion Chinese Development Bank loan. Speaking at the 2012 May Day celebrations at Sunyani in the Brong Ahafo region, President Mills said the Chinese Exim Bank loan will also be channeled into various sectors of the economy that will eventually lead to human resource development. �The creation of jobs is one of the four pillars supporting our Better Ghana agenda,� President Mills told a parade of workers. �We also recognise that the private sector should be the engine of growth. I�ll be quick to admit that we have had some challenges, but one should also acknowledge what other contributions we have made.� President Mills added: �We recognise that there is the need to produce the kind of atmosphere which will enable the private sector to create jobs. We have targeted certain areas and indeed our procurement of the $3bn Chines loan is targeted at sectors which will help create jobs for our people.� The President reiterated his commitment to ensuring free and fair elections in December. He said the law will deal ruthlessly with anyone wishing to foment trouble during the elections. �I want to assure you of my determination and with the help of the Almighty God to ensure that our elections are free, fair and transparent. The law will be no respecter of status. It will deal with everybody alike and will make sure that those who decide to break the law are indeed made to face the full rigours of the law,� President Mills pointed out.