We need strong public institutions to improve Ghana – Veep | Economy



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Vice President Mahamudu Bawumia said that it was prudent to strengthen public institutions to protect public finances, improve good governance and create equal opportunities for all to break the vicious circle of poverty and corruption.

He added that all stakeholders needed to work together to achieve the country's vision of industrial transformation and economic growth, as evidenced by East Asian countries such as Malaysia, South Korea, Singapore and South Korea. Thailand, whose per capita income was similar to that of Ghana in the 1960s.

In this regard, he said, the Akufo-Addo government has implemented a number of digital policies to strengthen accountability and transparency, as well as improve the delivery of public services.

Among the programs include the unveiling of the online procurement platform, the registration of e-business, the licensing of the electronic driver, the acquisition of pbadports online, the national system of 39; identification in progress (Ghana Card), the mobile money interoperability platform and many other technology-based interventions. this would minimize the human interface in accessing information and public services.

Vice-President Bawumia said this when he gave an opening speech at the round table on the "Ghana, We Want" business, organized by Ishmael Yamson and Associates in Accra on Wednesday.

The forum brought together business leaders, policymakers and economic operators to discuss the country's business environment, exchange ideas, build networks and set the course for creating a conducive business environment.

He welcomed the adoption of the law on the right to information after nearly two decades on the shelves and felt that the new law would improve public access to vital information, which would greatly contribute to reducing corruption.

In addition, the new corporate law would ensure a sound regulatory regime and facilitate business. The paperless port system was a clbadic example, which had improved the clearance of goods and services and the turnaround time at ports of entry.

In addition to the 1,000 cameras provided to the Ghanaian police to monitor criminal activity on the streets and highways of the country; the vice president said that 8,000 additional CCTV cameras would be given to the police to fight crime and indiscipline.

Regarding the modernization of agriculture, Vice President Bawumia said the government was putting in place measures to diversify the sector by adding value, citing flagship programs such as Planter for Food and Employment (PFJ) and Plant for Food and Export (PERD), adding that the sector is expected to grow from 2.9 to 7.4% this year.

He was convinced that the above-mentioned programs would provide the necessary raw materials for the One-District, One Factory (1D1F) initiative to sustain the program, noting that 180 small, medium and large scale mills would be at different stages of their development. development. completion in December of this year.

The vice president badured that the government would explore local research innovations as part of its development program and revealed plans to capitalize on the research results of the Ghana Institute of Engineers for construction. of concrete roads in the country.

He also mentioned another research conducted by Professor Dankwa of the University of Mining and Technology, Tarkwa, who discovered that bauxite ore could be refined to improve its value by 45 to 90%.

"We are on the right track and if we remain united as a people, we will surely have the Ghana we want," added Vice President Bawumia.

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