President Akufo-Addo has announced the creation of a 10-member committee to work out a charter in the next six months for ‘Ghana Beyond Aid’ agenda.
The committee, according to the President would be chaired by Senior Minister Yaw Osafo Maafo and would comprise of three members each from ministries of finance and employment and labour relations, Organized Labour and the Private Enterprise Federation.
President Akufo-Addo said, “The charter would then be subject to scrutiny and debate by parliament and adopted as a follow up to the coordinated programme of economic and social development policy.
The nation will then know in detail how we intend to move Ghana to a situation beyond aid,” he added.
Speaking at this year’s May Day celebration in Kumasi, President Akufo-Addo welcomed the partnership of Organized Labour with government and the private sector so “that we can work together to develop homegrown solutions to our problems.
This will present us with the most effective path to realizing the vision of a Ghana Beyond Aid,” he said.
Campaign to promote ‘Ghana Beyond Aid’ starts soon
Earlier, Information Minister, Mustapha Hamid, revealed that a strategy to stimulate support for the President’s vision of a ‘Ghana beyond aid’ is in the offing.
“In the next couple weeks, we are going to roll out a programme that basically galvanises sections of the population and get them to understand this vision of ‘Ghana Beyond Aid’ and how every section of our population can plug into it,” he said.
Head of Finance Department at the University of Ghana Prof. Godfred Bokpin has backed the commitee observing it’s about time the vision is documented.
He however warned, a document is “not the solution in itself if we don’t have the political will”.
The lecturer also said Ghana’s dependence on multilateral organisations like the IMF has not been always negative.
He recalled an IMF program under the Kufuor administration which ended in 2006 helped reduce the country’s debt to GDP ratio significantly.
Nonetheless, Ghana has been under too many IMF and World Bank programs which undermines Ghanaian ability to manage its own affairs.
He observed Ghana has had to go to the IMF at least 15 times since independence in 1957 which he said is more than an average couple go to the labour ward.