Tripartite coordination mechanism on business growth, investment and decent jobs

This document presents a framework that the ILO and Ghana’s tripartite stakeholders prepared to address barriers that hinder the creation and growth of sustainable enterprises. The document maintains that a fundamental stumbling barrier for enterprise development and the creation of formal jobs in Ghana is a deficient business environment. The proposal presents a Tripartite Coordination Mechanism (TCM) on the business environment that will champion interventions to respond to the pandemic’s negative impact on enterprises, and advocate for concrete and meaningful improvements in the business environment. The pandemic shock of 2020 has deteriorated these conditions with a slowdown of economic growth and uncertainty. The proposal seeks to support the launch and institutionalization of the TCM, which will promote a strategic intervention of concerted, coordinated, and common understanding concerning priority and common actions. The central thrust of the programme is to strengthen Public-Private and Tripartite Dialogue mechanisms concerning the business environment to make them permanent, more results-oriented, and effective. This intervention thus seeks to implement the TCM as the central instance to organize the dialogue, discuss specific proposals to improve the business environment, and undertake concrete action to promote, approve and implement reforms. Based on this dialogue, the programme will also make other contributions to coordinate with other private-public consultation initiatives and business environment interventions. The Tripartite Partners will have joint and equal responsibility for achieving the objectives of the TCM.