To create a pool of funds and other resources for the exclusive prudential use to the benefit of the Government of Ghana for the economic and social development of Ghana and the ancestral citizens of Ghana.
To initiate, organise, promote and undertake projects and programmes that guarantee the growth of the Gross Domestic Product of Ghana.
To promote the economic well-being of Ghana through establishing any type of economic and social project that guarantees building adequate economic power for all persons living in Ghana and who have ancestral lineage to Ghana.
To do all acts that promote good citizenship, sense of national pride, probity, accountability, and respect for law and order.
To do all acts for the protection of national heritage, art and culture including restoration of buildings and sites of historical importance and works of arts; promotion, development and enhancement of traditional authorities, traditional arts and handicrafts.
To invest in the stock of any Company, Co-Operative Society, Trust, or any other institution established or existing, for the purpose of enhancing the micro- and macro-economic performance of Ghana.
To do all acts for eradicating poverty and ensuring the continuous sustainability of the same in Ghana.
To enable government to develop macro-economic policies and structures aimed at attaining economic independence and interventions for poverty eradication.
To undertake programmatic business actions necessary for assisting government to finance its national budgets and move away from borrowing in all forms.
To set-up properly coordinated and managed industrialisation processes and tourism development that will aid massive and unprecedented contribution to the GDP of Ghana.
To participate or engage in international investment projects worldwide that are deemed essential and beneficial to the economic and social development of Ghana and growth in Ghana’s GDP.
To engage in all such lawful acts, deeds or things either alone or in conjunction with other organisations as are incidental or ancillary or conducive to the attainment of any of the above objectives.
Functions of the Fund
identify and work with co-operative societies, community benefit societies, business entities, and organisations deemed relevant in the delivery of economic growth systems and structures within the framework of the Fund for the build-up of investments and international dominance in trade, industry, and the general economic and social well-being;
undertake extensive financial resource mobilisation programmes and undertake economic activities through identified and approved co-operative societies, community benefit societies, business entities, and organisations deemed relevant in the delivery of economic growth systems and structures within the framework of the Fund for the build-up of investments and international dominance in trade, industry, and the general economic and social well-being;
organise trade missions, convene meetings, exhibitions, conferences, seminars, workshops and conventions for achieving the objectives of the fund;
perform any of all the functions that are currently not performed by a statutory body in Ghana to mobilise additional financial resources for the benefit of the ancestral citizens of Ghana;
assist government to make the best use of private sector interventions and establish business case for public infrastructure project financing enabling reduced taxation and corruption;
do all things necessary to prevent the occurrence of any form of corruption that any activity, instance and/or event initiated, organised and/or managed by the Fund will allow, and institute measures that automatically make corruption impossible to occur or a disincentive to all persons;
identify specific projects, classify them into various categories (for example, content of locally available raw materials, local and international services, local and cross-border infrastructure, etc.), prepare project reports and plans, and ensure that projects are immediately implemented at project entry-level stage, and progressively expanded over the medium term to the appropriate and useful capacity establishment;
extend projects across the borders of Ghana and internationally with the Government of Ghana or Ghanaian interests in whatever form substantially promoting economic gain for Ghana;
invest and/or undertake investment projects in any friendly country provided such projects or investments will inure to the substantial growth of economic and financial benefits of Ghana;
assist the Government of Ghana develop an authoritative and far-reaching foreign policy that will aid the virtual economic expansion of the economy of Ghana; and