The Arise for Change for Economic Growth (ACEG) has emphasised the need for Ghana to chart a new course in economic development.

According to ACEG, Ghana’s economic revival must be built on the pillars of culture, environmental sustainability, and strategic resource management.

D. S. Mahama Iddrisu, the National Chairman of ACEG, speaking during the Ghana @ 68 Culture, Heritage, Environmental and Economic Growth Forum (CHEEGF) in Accra on April 15, 2025, criticised what he described as decades of mismanagement and over-reliance on external institutions such as the IMF and World Bank.

He argued that these institutions have painted a misleading picture of Ghana as a "fast-growing economy" without addressing its underlying vulnerabilities.

“Despite our abundant natural resources, Ghana continues to struggle because these assets are neither refined nor leveraged for national benefit,” he stated.

He particularly criticized the economic stewardship of the previous administration under former President Nana Addo Dankwa Akufo-Addo, citing what he described as “poor financial management” and the misuse of foreign exchange reserves during the tenure of Finance Minister Ken Ofori-Atta.

ACEG, which boasts over 500,000 members, outlined a comprehensive strategy to restore sustainable economic growth.

The key pillars include:

Prioritising land, water, the environment, and capital as foundational national assets.

Strengthening education, healthcare, and trade systems.

Human Capital Development – Investing in education and healthcare.

Infrastructure Renewal – Improving roads, housing, energy, and related sectors.

AM/KA

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