Director of Research at the Institute of Economic Affairs (IEA) Dr John Kwakye has asked the president to reconstitute the economic management team of the government.
According to him, he expects the president to take the measure to address Ghana’s economic difficulties.
This comes as the president is expected to Address the country on the state of Ghana economy.
According to the Economic researcher, the proposed measures he expects the President to mention are reconstitution of the Economic Management Team (EMT) to include experts and professionals; a transition team, also including experts and professionals; and austerity.
Dr Kwakye tweeted “In sum, the President’s speech to the nation must indicate: 1). austerity measures to address the crisis led by Gov’t; 2).a reconstitution of the Economic Management Team to include experts/professionals; and 3). a transition team, also including experts/professionals.”
“The President’s speech is highly anticipated. It has the potential to rekindle the markets. Therefore, let it not disappoint,” he added.
Cabinet ended a three-day retreat on the economy on Saturday October 29.
At the meeting, Information Minister Kojo Oppong Nkrumah said, President Nana Addo Dankwa Akufo-Addo settled on key decisions aimed at responding strongly to the impact of the global economic challenges on Ghana.
Accordingly, the President and other government officials have been engaging key stakeholders on how to deal with the situation.
In a tweet, Mr Oppong Nkrumah who is also lawmaker for Ofoase Ayirebi said “We’ve wrapped up a three-day cabinet retreat during which President Akufo-Addo has settled on key decisions aimed at responding strongly to the impact of the global economic challenges on Ghana.
source: theGhanaianvoice.com