Audio By Carbonatix
Professor Godfred Bokpin, an Economist and Professor of Finance at the University of Ghana Business School, has called on the ruling National Democratic Congress (NDC) to take full advantage of its parliamentary majority to implement far-reaching economic and structural reforms.
Discussing the recent Bank of Ghana's intervention in the country's forex trade market on Joy FM’s Super Morning Show, Prof Bokpin emphasised that the NDC now has a rare opportunity to make significant changes, given its control of both the Executive and Legislature.
"This government has the best opportunity because practically we don't have opposition in parliament, the NPP effectively walked themselves into a silent opposition by the way they conduct themselves, so the government has the leverage. In fact, there is broader support for this government and what they are doing, so they should take advantage of that and initiate far-reaching governance reforms, structural reforms, productivity-enhancing reforms because they got the numbers in parliament."
He noted that the previous New Patriotic Party (NPP) government held a similar parliamentary majority but failed to utilise it effectively to address key national challenges.
"It was the same expectation we had when President Akufo-Addo came to office in 2017 because he had the numbers."
Prof Bokpin urged the NDC to act decisively and prioritise the national interest, stressing that bold leadership and policy direction are essential if Ghana is to enhance current economic achievements.
"So if this government does not take advantage of the moment, we are likely to regret it sometime to come."
Latest Stories
-
Academic City and partners issue white paper for stronger digital accountability as Ghana loses GH¢19.3m to cybercrime
14 minutes -
Blank passports, visa stickers found in office of Ghana Embassy IT officer accused of concealing digital records
16 minutes -
Africa’s youth are looking for jobs: The food system may hold the answer
23 minutes -
Fidelity Bank advocates stronger systems to unlock Ghana’s trade and enterprise potential
28 minutes -
COCOBOD CEO dismisses claims over new Cocoa Bill, says reforms will protect farms and improve sector
34 minutes -
Absa, Impact Food Hub empower agribusiness entrepreneurs for growth
40 minutes -
Access Bank Ghana secures certification as a Carbon Credit Broker
48 minutes -
Accra Mall ignites cultural heat this weekend with vibrant live music celebration
55 minutes -
Africa keeps rebuilding its food security every time a shipping lane closes
59 minutes -
Keta-Axim water transport route moves a step closer as government commissions feasibility study
1 hour -
Construction of Bolgatanga Airport to begin by end of 2026 – Mahama
1 hour -
Onion traders hail Trade Minister’s intervention as Ghana-Nigeria trade dispute eases
1 hour -
COCOBOD threatens to withdraw LBC licences over cocoa purchases on credit
1 hour -
Western Region needs stronger investment coordination to unlock economic potential — Joseph Nelson
1 hour -
Mahama donates hearse to Gonjaland Youth Association to support dignified burials
1 hour