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
-
Forest guards shot by suspected illegal loggers while protecting plantation at Abesewa
5 minutes -
Atta Akyea takes over Chairman Wontumi’s Tano Nimiri illegal mining case, trial resumes July 31
8 minutes -
TOR engages CSOs on recovery plans as refinery pushes transformation agenda
18 minutes -
‘We are not an afterthought’: Ghanaian activists demand seat at the table in global textile policy
20 minutes -
Fuel prices could go up again this week — COPEC
21 minutes -
Odorgonno SHS marks 86th anniversary
26 minutes -
Vote-buying impoverishes Ghanaians, weakens democracy – Chief Justice
29 minutes -
NSMQ 2026 : Serwaa Nyarko Girls’ SHS edges Wesley High by one point to secure slot at nationals
31 minutes -
IoD Ghana inducts new fellows, urges directors to strengthen governance and embrace continuous learning
31 minutes -
Maxima Media Group launches maiden edition of Foodies Choice Awards
33 minutes -
ICU petitions President Mahama to stop VALCO sale, warns of national action over job losses
38 minutes -
Ghana Medical Association demands ban on single-use plastics to protect public health
39 minutes -
Cutting expenditure isn’t savings: Prof. Isaac Boadi urges caution over Ghana’s economic indicators
39 minutes -
BoG mourns passing of Yaa-Naa Abukari II, pays tribute to his legacy of peace and unity
40 minutes -
Glasgow 2026: Ramatu Quaye eliminated after round 16 Flyweight loss to Canada’s Wall Amber-Jane
41 minutes