Former Trades Minister Alan Kwadwo Kyerematen says the Akufo-Addo-led government has laid a solid foundation for economic transformation.
He said even though he believes Nana Addo Dankwa Akufo-Addo has done great for Ghana, he believes things could have been done differently.
Alan Kyerematen who was speaking for the first time after he officially resigned from the Nanan Addo Dankwa Akufo-Addo government said “the President has laid a solid foundation for the economic development of our country although there are things that could have been done differently.
My vision is to build a superstructure on this foundation that will bring prosperity to our nation. The Pre COVID performance of our economy, the strategic programmes including the Free SHS, the one district, one factory initiative, the planting for food and jobs programme, Agenda 111 project and the COVID-19 response initiatives are all testimony of the strong leadership that the President has provided over the last six years,” he said.
He, however, indicated that the combined effect of COVID-19 pandemic and Russian-Ukraine war has stampeded the country into a crisis of unprecedented proportions with a negative impact on the economy.
Alan Kyerematen indicated that he believes the IMF will help change Ghana’s story for the better and bring Ghana’s economy back to pre-COVID times.
“We have learnt that Ghana’s economy is fragile and susceptible to economic shocks. It is primarily as a result of the fact that our country’s economy is dependent on the export of commodities with little or no value addition. Indeed the 5.1% GDP growth projected for the Ghanaian economy for 2023 is based on the anticipated rise in commodity prices. To avoid going back to the IMF, we need a new plan, a plan that will mean that we will be more self-reliant. That plan must move Ghana.”
Alan Kyerematen expressed his optimism about becoming a transformational leader who will build on the foundations of other leaders of the country.
He promised a “Great Transformational Plan” which will span the period 2025-2030.