The Dean of the School of Economics at the University of Cape Coast, Professor James Atta Peprah has attributed the mismanagement of Ghana’s economy to indiscipline on the part of stakeholders.
According to him, producing people of good character who are ready to say no to corruption is the way to go if the country is to achieve a resilient economy.
He maintains that everything is about discipline one cannot pinpoint a particular challenge as Ghana’s economic problem.
“… government goes, government comes. So, what we need to do is to produce people of good character, people who have that mindset that will contribute to Ghana’s productive activities, people who will be able to contribute their quota to transform our institutions, people who are prepared to do the right thing, people who are prepared to say no to corruption,” he stressed.
Speaking exclusively ATL FM NEWS at the launch of the 25th anniversary of UCC’s Association of Economic Students, he reiterated that once we are able to say no to corruption, Ghana will be a better place to live.
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He also believes building a flourishing economy requires a collective effort which will bring the indiscipline to the barest minimum.
Meanwhile, Ghana’s economy is said to have experienced a significant expansion in the first quarter of 2023.
According to data released by the Ghana Statistical Service, the growth rate of the economy was at 4.2 percent.
This outperformed the 3.2% recorded in the previous quarter, indicating the fastest pace of economic growth for Ghana since the Second quarter of 2022.
Last month during the IMF Mission team’s weeklong observation of Ghana’s ongoing Extended Credit Facility (EFC) programme with the Fund, its preliminary findings was also that Ghana’s economy is showing signs of stabilization nearly a month into the implementation of the country’s $3 billion loan-support programme with the International Monetary Fund (IMF).
Source: Rosemond Asmah/ATLFMNEWS
