Business News of Tuesday, 8 October 2024

Source: classfmonline.com

Digitalisation key to Ghana's economic growth strategy – Dr. Bawumia

Vice President, Dr. Mahamudu Bawumia Vice President, Dr. Mahamudu Bawumia

Vice President Dr. Mahamudu Bawumia has underscored digitalisation as a pivotal part of Ghana's economic growth strategy, highlighting the government's commitment to embracing the Fourth Industrial Revolution.

Speaking at the launch of the CitizenApp on Monday, October 7, 2024, Dr. Bawumia emphasised the profound impact digital innovation is having on global economies, stressing that Ghana is well-positioned to take advantage of this transformation.

The CitizenApp, designed as a one-stop platform for citizens to access various government services, will facilitate communication between the public and state institutions.

The app allows users to report issues, receive real-time updates on public matters, and interact with government agencies in a more efficient and transparent manner.

Dr. Bawumia described the app as a "personalised tool" that will streamline interactions with the government, ensuring greater convenience for all Ghanaians.

“Under the leadership of President Nana Addo Dankwa Akufo-Addo, we have made digitalisation a central pillar of our economic strategy, recognising that the Fourth Industrial Revolution is already happening, reshaping global landscapes,” Dr. Bawumia noted.

Reflecting on Ghana’s missed opportunities in previous industrial revolutions, Dr. Bawumia stressed the urgency for the country to fully embrace this new wave of technological advancement.

“As a country that has missed the previous three revolutions that many nations took advantage of to become developed, we must not miss the Fourth Industrial Revolution. We must seize the opportunities this revolution presents,” he emphasised.

The Vice President further pointed to strong evidence demonstrating the benefits of digitalisation, including its potential to create jobs, boost productivity, raise income levels, and drive wealth creation.

“There is mounting empirical evidence that highlights the transformative potential of digital innovation to create jobs, boost productivity, increase income levels, and foster wealth creation,” he added.

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