Hon Kojo Oppong Nkrumah, the Minister for Information has called for a collaborative effort by stakeholders, especially the Minority in Parliament for sustainable economic success in Ghana.
According to him, it is not the government’s sole responsibility to ensure effective budget execution and advocate 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