Minister for Information, Kojo Oppong Nkrumah, has underscored the need for collective efforts towards sustainable economic-success in Ghana.
He argued it is not the government’s sole responsibility to ensure effective budget execution and advocated for a comprehensive, all-inclusive approach to implementing the policy document.
Contribution to the 2024 budget debate on November 21, 2023, the Information Minister urged stakeholders such as the Ministry of Finance, Parliament, the Ghana Revenue Authority (GRA), Ministries, Departments, and Agencies (MDAs), and even citizens to participate actively and ensure the meticulous implementation of the budget to stimulate economic success.
He emphasized that Ghana’s economic growth is a collective responsibility and that together, united in purpose, stakeholders could implement the robust strategies outlined in the 2024 budget to shape a prosperous future for the country.
Delving into economic policy analysis, Mr. Oppong Nkrumah stressed the need for a well-thought-out economic policy to effectively track and achieve developmental goals.
He emphasized two pivotal agendas: the Stability Agenda, focusing on inflation, exchange rates, and interest rates with support from the International Monetary Fund (IMF), and the Growth Agenda, featuring a comprehensive 5-year strategy with a 14-month emphasis on priority areas like agriculture, aquaculture, tourism, creative arts, sports, and digitization.
Mr. Oppong Nkrumah also cited the government’s commitment to social intervention programmes such as LEAP, Capitation Grant, School Feeding Program, NHIS, Teacher and Nursing Trainee Allowance, and Free SHS.
He disclosed that the IMF had commended the prioritization of these programmes.
The Information Minister emphasized the need for a sustained and disciplined approach to the government’s clear and robust growth program.
He urged Ghanaians, especially the youth, to seize the opportunities within the country to establish businesses that will create more job opportunities for other Ghanaians in the future.