Audio By Carbonatix
President Akufo-Addo has, since he was sworn into office, pledged to rid the country of the need for hand-outs.
He touted his administration as one that will vigorously institute home-grown measures to ensure that country is self-sufficient.
In this light, the ‘Ghana Beyond Aid’ mantra was birthed by the Akufo-Addo government.
However, an economist at the University of Ghana believes the essence of the slogan is lost.
"Ghana beyond aid is already beyond us. Of course, we knew from Day 1 that Ghana Beyond Aid was not anti-aid of aid rejection. It is actually in need of more aid," he said on JoyNews.
Prof Godfred Bokpin is of the view that, this commitment is out of Ghana’s reach as the country battles for a lifeline in a desperate request for an economic bailout from the International Monetary Fund (IMF).
The lecturer was speaking on Newsfile on Saturday, August 13, 2022.
"Over the years, we have not been able to collect sufficient tax revenue relative to the size of our economy. That's a big problem. While that is a problem, we have been largely inefficient at the expenditure side also," he told Samson Lardy Anyenini.
He suggested that blocking such leakages in the revenue collection regime is one sure way of mitigating the country's financial woes.
Latest Stories
-
NAIMOS has failed in galamsey fight; it’s time for a state of emergency – DYMOG to President Mahama
3 hours -
Mahama to open African Court judicial year in Arusha, mark 20th anniversary
3 hours -
Ghana begins partial evacuation of Tehran Embassy as Middle East tensions escalate
3 hours -
EPA tightens surveillance on industries, moves to cut emissions with real-time monitoring system
3 hours -
Police conduct show of force exercise ahead of Ayawaso East by-election
5 hours -
Ghana launches revised Early Childhood Care and Development Policy to strengthen child development framework
5 hours -
AI to transform 49% of jobs in Africa within three years – PwC Survey
5 hours -
Physicist raises scientific and cost concerns over $35m EPA’s galamsey water cleaning technology
6 hours -
The road to approval: Inside Ghana’s AI strategy and KNUST’s leadership
6 hours -
Infrastructure deficit and power challenges affecting academics at AAMUSTED – SRC President
6 hours -
Former US diplomat sentenced to life for abusing two girls in Burkina Faso
7 hours -
At least 20 killed after military plane carrying banknotes crashes in Bolivia
7 hours -
UK reaffirms investment commitment at study UK Alumni Awards Ghana 2026
7 hours -
NCCE pays courtesy call on 66 Artillery Regiment, deepens stakeholder engagement
7 hours -
GHATOF leadership pays courtesy call on Chief of Staff, Julius Debrah
7 hours
