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
-
Government pledges to pay striking teachers as payment dispute is resolved
54 seconds -
GTEC flags over 100 tertiary institutions as unrecognised
12 minutes -
Agric Committee chair commends NAFCO for turnaround from GH¢20m debt to GH¢96m profit
17 minutes -
NPP: Judicial office requires judges to surrender some personal freedoms
22 minutes -
Senyo Hosi: Ghana missed its chance to end galamsey under Akufo-Addo
28 minutes -
Okaikwei Central MP alleges Ghana was close to settling Tullow tax dispute for $150m
30 minutes -
Patrick Boamah credits Godfred Dame for Ghana’s victory in $400m Tullow tax arbitration
33 minutes -
Dr Jasaw calls for National Agriculture Development Fund to accelerate food systems transformation
37 minutes -
Armah-Kofi Buah honoured for developmental initiatives in Aiyinasi-North
41 minutes -
Agbodza didn’t accuse Adom Kyei’s church of blocking road — Spokesperson
47 minutes -
Tema native petitions EOCO over GH¢889,000 payment
47 minutes -
VIP Jeoun Service opens new terminal in Ho, expands transport network
51 minutes -
Mahama orders immediate action to get striking teachers back to class
55 minutes -
Tema Fire Commander calls for private-sector support
55 minutes -
Adaklu is not a safe haven for environmental degradation – DCE
59 minutes