Audio By Carbonatix
The International Monetary Fund, (IMF) has commended government's digitization drive, saying it will have a significant impact on Ghana’s economy.
In a press release issued by the IMF, following its assessment of the impact of Coronavirus on the Ghanaian economy, and what the government is doing to recover, the IMF listed digitization as one of government's postive initiatives which will play a key role in Ghana's post Covid-19 economic recovery.
"Directors emphasized that the authorities’ structural transformation and digitalization agendas are critical to support the recovery," the IMF noted.
Ghana’s digitalization, the IMF opines, will reduce corruption, enhance service delivery and boost revenue in this critical period.
"The structural transformation can be complemented by the ongoing energy sector review, diversification in tourism, and the digital transition, which has the potential to reduce corruption, boost tax revenues, and improve service delivery."
The Vice President, Dr. Mahamudu Bawumia, who has spearheaded government's acclaimed digitalization drive, has often spoken of the positive impact digitization will play on the Ghanaian economy, in the same manner the IMF has highlighted.
Government's digitization drive has seen the massive digitalization of several government services, including the ports, NHIA, application of passports and drivers licences, registration of businesses, among many others.
This successful digitization drive has been built on a solid foundation of a remarkable delivery of over 15 million digital national identification cards in 4 years, digital addressing system and mobile money inter operability, which has made it possible for Ghanaians to be able to access government services online and pay for same using their mobile phones.
The IMF assessment revealed in detail, how the pandemic has affected Ghana's economy, which it said was growing remarkably before the pandemic.
It however, added that the country’s economy is seeing encouraging signs of recovery as a result of pragmatic steps by the government, with digitization as a key player.
Latest Stories
-
GOLDBOD CEO explains ‘Clear Typo’ in Foreign Reserves claim
54 minutes -
Trump says US military struck ISIS terrorists in Nigeria
1 hour -
Civil society group calls on the Bank of Ghana to suspend planned normalisation of non-interest banking
3 hours -
Jingle bills: Arkansas Powerball player strikes $1.8bn jackpot on Christmas Eve
4 hours -
Brazil ex-President Jair Bolsonaro’s surgery for hernia ‘successful’
4 hours -
Ghana and Afreximbank announce successful resolution of $750 million facility
7 hours -
IGP inaugurates Ghana Police Music AcademyÂ
7 hours -
Proposed 5-year presidential term will be difficult for underperforming presidents to seek more – Prof Prempeh
7 hours -
Constitution review was inclusive, structured and effective – Prof Prempeh
7 hours -
Public urged to remain vigilant to ensure fire incident-free Christmas Â
7 hours -
Why the fight against neglected tropical diseases is far from over
7 hours -
Reported losses from gold operations in 2025 remain speculative – BoG
8 hours -
Fighting AIDS and STIs in Africa: UNFPA equips youth to turn data into action
8 hours -
Amaarae returns to Accra for homecoming concert
8 hours -
5-year term will be harsher on presidents, not kinder, says Constitution Review Chair
8 hours
