Audio By Carbonatix
Member of Parliament for Tano North, Dr Gideon Boako, has highlighted the transformative impact of digitalisation on Ghana’s economy, calling for recognition of former Vice President Dr Mahamudu Bawumia’s role in championing this shift.
Speaking during the debate on the 2025 budget statement, Dr Boako emphasised that for the first time, Ghana’s economic growth has been significantly driven by digitalisation rather than traditional sectors such as cocoa, gold, and oil.
Dr Boako recounted how Ghana’s economy had long relied on these natural resources, with little success in diversifying beyond them.
“Mr Speaker, throughout my formative years, I was taught that the backbone of Ghana’s economy was cocoa, gold, and later oil. For years, we struggled to find a way to properly diversify beyond these resources,” he stated.
However, he noted that recent economic data from the Government Statistical Service (GSS) had revealed a remarkable shift.
According to Dr Boako, GSS reports indicate that in 2024, Ghana’s economy grew by a record 1.2 trillion cedis in nominal terms.
“For the first time, the massive growth recorded in 2024 did not come from cocoa, gold, or oil but was driven by data and SMS transactions—that is, digitalisation,” he explained.
He stressed that this milestone marked a new era in Ghana’s economic development, with technology and digital services becoming a major driver of growth.
Dr Boako credited the digital transformation to the efforts of the previous government, particularly Dr Mahamudu Bawumia, who played a leading role in advancing Ghana’s digital agenda.
“Mr Speaker, digitalisation efforts championed by the former Vice President over the last eight years have significantly contributed to this economic growth, and he must be commended,” he stated.
Latest Stories
-
Woman found dead in boyfriend’s room at Somanya
18 minutes -
Woman feared dead after being swept away in Nima drain amid heavy rain
30 minutes -
Court grants GH¢10k bail to trader who posed as soldier at 37 Military Hospital
40 minutes -
Tano North MP secures funding to reconstruct decades-old Yamfo Market
49 minutes -
Haruna Iddrisu discharged after road traffic accident
1 hour -
Kenyans drop flowers for Valentine’s bouquets of cash. Not everyone is impressed
1 hour -
Human trafficking and cyber fraud syndicate busted at Pokuase
1 hour -
Photos: First Lady attends African First Ladies for Development meeting in Ethiopia
2 hours -
2026 U20 WWCQ: Black Princesses beat South Africa to make final round
2 hours -
World Para Athletics: UAE Ambassador applauds Ghana for medal-winning feat
3 hours -
Photos: Ghana’s path to AU Chairmanship begins with Vice Chair election
3 hours -
Chinese business leader Xu Ningquan champions lawful investment and deeper Ghana–China trade ties
3 hours -
President Mahama elected AU First Vice Chair as Burundi takes over leadership
4 hours -
Police work to restore calm and clear road after fatal tanker crash on Suhum–Nsawam Highway
4 hours -
Four burnt, several injured in Nsawam-Accra tanker explosion
5 hours
