Audio By Carbonatix
The Country Managing Partner of Deloitte Ghana, Daniel Kwadwo Owusu, is urging the government to urgently address the fundamental problems of the country, such as high inflation, perennial sharp depreciation of the cedi, high unemployment, and fiscal slippages.
According to him, the challenges facing the country are not new.
Though he commended the government for showing positive intent to rebuild the Ghanaian economy into a resilient one, Mr. Owusu wants a long-term solution for the country’s nemesis.
Speaking at the media launch of the 9th Ghana CEO Summit in Accra, the Country Managing Partner said the government must be bold in implementing all its agriculture programmes captured in 2025 Budget, to address the stubbornly high inflation.
“Inflation is a major issue and has been consistently high. The surprise element is the high food inflation, which stood at 22.4% in March 2025. The government must be bold in implementing all its agriculture programmes captured in 2025 Budget”.
“The ‘Feed Ghana’ and ‘Feed the Industry’ are very important because they will not only feed the nation but also serve as raw materials for manufacturing industries, leading to job creation. We will therefore want a deliberate effort by the government to make them work”, he added.
He also wants a deliberate effort by the government to cut down importation of certain food stuffs such as rice, corn, and poultry products, noting, “We have the capacity to produce these agricultural products here in Ghana abundantly”.
In addressing the fiscal slippages, Mr. Owusu also advised the government to address areas of procurement process improvement and the enforcement of the Public Financial Management rules and strengthen governance in the public finance.
“We want aggressive fiscal consolidation such as cutting wasteful expenditure, overhauling tax policy and bold social programmes in education and health to boost human capital.
The 9th Ghana CEO Summit and Expo will come off in Accra on Monday, May 26, 2025.
The event will convene over 500 top Chief Executives, Business Leaders, Policymakers and Dignitaries from around the globe.
The theme for this year’s Summit is “Leading Ghana’s Economic Reset: Transforming Business and Governance for a Sustainable Futuristic Economy – A Private-Public Sector CEO Dialogue & High Impact Learning”.
Latest Stories
-
Ghana’s HIV crisis: Stigma drives new infections as AIDS Commission bets on AI and six-month injectables
1 hour -
US Supreme Court agrees to hear case challenging birthright citizenship
2 hours -
Notorious Ashaiman robber arrested in joint police operation
3 hours -
Judge sets key dates after video evidence hurdle in Nana Agradaa appeal case
4 hours -
Who are favourites to win the 2026 World Cup?
4 hours -
Galamsey crisis spiritual, not just economic; Pulpit and policy intervention needed – Prof. Frimpong-Manso
4 hours -
We will come after you – Muntaka warns online fearmongers
5 hours -
Forestry office attack: Suspected gang leader arrested, two stolen cars recovered
5 hours -
How Asamoah Gyan reacted after Ghana was paired with England, Croatia, and Panama for the 2026 World Cup
6 hours -
Ghana Armed Forces opens 2025/2026 intake for military academy
6 hours -
Prime Insight: OSP vs. Kpebu and petitions to remove EC boss to dominate discussions this Saturday
6 hours -
Multimedia’s David Andoh selected among international journalists covering PLANETech 2025 in Israel
8 hours -
Gov’t prioritising real action over slogans – Kwakye Ofosu
9 hours -
England are tough, but we can play against Ghana, Panama – Croatia coach reacts to World Cup draw
9 hours -
Togbe Afede urges Ghanaians to support made-in-Ghana products
9 hours
