Audio By Carbonatix
An Economist Prof Peter Quartey has said Ghana should be looking at 10-14 per cent growth rate in the economy if it is serious about transforming the lives of the people.
He added the growth must be seen in key sectors of the economy before its impact will be felt.
He was reacting to President John Mahama’s projection of a nine per cent growth rate in the year 2013.
Prof Quartey said the president is poised to achieve many of his targets because of the growth of the oil economy.
He said the country must not only be interested in growth but must also take into consideration the sectors in which the growth is recorded.
He noted the agricultural and manufacturing sectors are key in terms of development of the country and warned however that if the growth is not seen in these two key sectors of the economy it will be “jobless growth.”
Prof Quartey is targeting a ten per cent increase in growth rate.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Cambodia orders Ghanaians, other African nationals to leave country by May 31 or face arrest
8 minutes -
Phomi joins The Build Project as Official Wall Cladding Partner
10 minutes -
Two arrested over boy’s kidnapping in Nanumba South
16 minutes -
Linda Ocloo warns Greater Accra on high flood alert and announces emergency measures
45 minutes -
CEO Summit: BoG Governor assures of monetary stability to drive industrial growth
46 minutes -
Anticipation builds ahead of 2026 Hitz FM ‘Rep Ur Jersey’
47 minutes -
CEO Summit: Deloitte Ghana urges government to turn policies into real jobs
55 minutes -
Photos: First batch of Ghanaians fleeing xenophobic attacks in South Africa arrive in Ghana
1 hour -
Xenophobic attacks: Over 400 Ghanaians expected back home this weekend – Benjamin Quashie
1 hour -
CEO Summit: Togbe Afede calls for bold leadership to sustain Ghana’s economic recovery
1 hour -
Black Stars: I won’t be upset if I don’t start – Benjamin Asare
1 hour -
Senior Ghanaian miners in South Africa seek evacuation amid rising xenophobic tensions — High Commissioner
1 hour -
Zoomlion rejects Auditor-General’s allegations over African Games cleaning contracts
1 hour -
Claims that only 10 Ghanaian evacuees are legal migrants in South Africa are false — Benjamin Quashie
1 hour -
AG sues JA Plant Pool, Siaw Agyepong over alleged $2m DRIP overpayment
2 hours