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The Finance Minister has promised that the government will implement the main recommendations made by the National Economic Dialogue, calling the final communiqué his “Bible” for forming the budget and economic reforms for 2025.
During the concluding session, Dr. Cassiel Ato Forson, the minister, emphasized a common grasp of the nation’s economic difficulties and emphasized the strong alignment between the talks and his keynote presentation.
“Most of the presentations actually feed into the first presentation I made. It clearly shows the connections and understanding that together we understand the situation and the problems of this country. What is left is the resolve to come together and to fix it,” he said.
He admitted that although finding answers is important, putting them into practice is still the most difficult task. But he emphasized that public support is essential for a successful execution.
“Implementation is the challenge; we can only implement as a government if we get the buy-in of the citizens.”
Dr. Forson stated that many of the issues brought up during the discussion will be included in the 2025 Budget Statement and Economic Policy, which will be made public on March 11. “Most of the concerns you’ve raised, you’ll begin to see them in the budget,” he reassured the audience members.
He cautioned, though, that stakeholders shouldn’t rely solely on the government to implement the reforms.
“We call on you to support the government in educating the public, for the public to understand that the time has come for us to reset and reform the economy. We’ve got to do this together.”
As he considered the conversations, he pointed out how intricately linked the various economic sectors are and how urgently significant reforms are needed.
“And so clearly, what I can say is most striking to me, particularly sitting there quietly, is that interconnectedness between the macro group to the private sector, to infrastructure, to all the other sectors, even to the governance and the corruption sub-sectors, is the need for us to do major reforms.”
The minister reaffirmed his will to take action, emphasizing that the nation already recognizes its issues and the required fixes; all that is left to do is put them into practice.
Source: Ghanatodayonline.com
