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
-
Togbe Afede XIV lauds government’s $10bn ‘big push’ programme for boosting farm produce transport
42 minutes -
FDA urges consumers to prioritise safety when purchasing products during festive season
45 minutes -
President Mahama calls for single-digit interest rates on agricultural loans
59 minutes -
President Mahama urges Ghanaians in formal jobs to take up farming
1 hour -
Farming interventions paying off, lifting incomes and food security, says Agric minister
1 hour -
Gov’t pledges science-backed interventions in agriculture, says Agric minister
2 hours -
Ghana unveils $3.4bn plan to accelerate national clean energy transition
2 hours -
Interior minister urges security agencies to maximise use of new NSB regional command in Ho
2 hours -
Photos: Ghana celebrates 41st National Farmers’ Day
2 hours -
2025 Farmer’s Day: Farmers demand a 2% interest rate on loans to boost farming activities
2 hours -
Chamber of Aquaculture Ghana calls for strong public-private partnerships to unlock finance and transform the sector
3 hours -
Lions celebrate International Volunteer Day with over decades of service and impact
3 hours -
3 dead, dozens injured in Mampong Abuontem head-on collision
3 hours -
MoFFA shuts down several Eastern Region mortuaries over poor sanitation, non-compliance
3 hours -
Domestic violence case: John Odartey Lamptey remanded over alleged brutal assault on wife
3 hours