Audio By Carbonatix
Ghana's longest-serving Finance Minister, Prof. Kwesi Botchwey says politicisation of issues has become the bane of successful implementation of level-headed policies targeted at developing the economy.
According to him, until politics is alienated from national development agenda, it will be difficult to formulate policies that can lead to identifying capable entrepreneurs to drive the private sector.
Speaking on the Joy FM Super Morning Show from Senchi, where the national economic dialogue is being held, Prof. Botchwey noted many entrepreneurs virtually had to "flee" the country to avoid being "hounded" whenever there was a change of government.
He said the ideal way for Ghana to grow the economy is for government to provide enabling environment for entrepreneurs to emerge, "but a lot of times, sensible policies are deterred by the worries that the politics wouldn't allow you to do it" .
Prof. Botchwey further suggested the need for the nation to "agree on the criteria, for instance, for identifying such capable private sector actors and giving them right incentives without it being said that they belong to this or that party".
He is however, hopeful that consensus will be reached at the ongoing National Economic Forum to formulate creative ideas that can be considered in the development of new policies.
"I expect one of the things we achieve here will be in alignment with our budget ...and our investment programmes...If we can agree on a number of things...then gov't feels better able to develop new policies," he said.
Latest Stories
-
US Court backs extradiction of former MASLOC CEO Sedina Tamakloe-Attionu’s to Ghana
17 minutes -
Seven arrested as NAIMOS dismantles illegal mining camp, seizes firearms at Boin River
19 minutes -
Fire erupts at Madina Ritz Junction, destroys multiple wooden structures and containers
33 minutes -
Daniel-Kofi Kyereh returns from long-term injury, registers assist for Freiburg U23
45 minutes -
Knifeman calling himself ‘Lucifer’ slashes three at NYC’s Grand Central
1 hour -
Brands are built from within to without Â
1 hour -
Matriculants urged to pursue excellence as gov’t reaffirms support for Maritime education
1 hour -
See the areas that will be affected by ECG’s planned maintenance on Monday, April 13, 2026
1 hour -
GPL 2025/26: Salim Adams double fires Medeama back to summit after Kotoko rout
1 hour -
Two robbery suspects convicted following violent gold dealer attack in Obuasi
1 hour -
Supreme Court @150: Fanfare meets reflection as nationwide activities roll out
1 hour -
Padel for Parkinson’s cycling event promotes awareness at University of Ghana
2 hours -
GPL 2025/26: Samuel Tetteh brace fires Nations FC past Basake Holy Stars
2 hours -
Ghana’s oil trade position close to net neutral in near term – Fitch
2 hours -
IMANI Africa President urges greater awareness and support for Parkinson’s Disease patients
2 hours