Rocky55 Blog of Monday, 27 January 2025
Source: Isaac Appiah
A seven-member National Economic Dialogue Planning Committee has been established by President John Dramani Mahama to organize the highly anticipated National Economic Dialogue (NED), in accordance with his 120-day social contract promise to Ghanaians.
The project intends to offer a forum for discussing Ghana's urgent economic issues and fostering agreement on changes that will realign the economy for robust and inclusive growth.
Dr. K.Y. Amoako, a distinguished development economist and former Executive Secretary of the United Nations Economic Commission for Africa (UNECA), is one of a wide range of experts on the committee, which is chaired by seasoned economist Dr. Ishmael Yamson.
The University of Cape Coast's School of Business Dean, Professor John Gatsi, who is a vocal opponent of unsustainable budgetary practices, and Infrastructure and Investment Strategist Mohammed Samara are also included.
Ernest De-Graft Egyir, a business strategist with experience in trade and industrial policy, Anthony Kwasi Sarpong, the Acting Commissioner General of the Ghana Revenue Authority (GRA) and a former Partner at KPMG, and Nelly Mireku, a supporter of gender-responsive policy frameworks and economic inclusion, are added members.
The mandate and timeline of the committee
A comprehensive report detailing the committee's plans for the discourse must be submitted within four weeks. Important deliverables include creating a thorough program that is in line with the goals of the dialogue and finding and inviting panelists and speakers from industries including agriculture, energy, and economics.
With moderators and rapporteurs selected for efficient session management, the committee must also arrange panel discussions, seminars, and breakout sessions in addition to securing venues, transportation, and other logistical requirements.
It also has the responsibility of creating a thorough record of the proceedings and policy suggestions, as well as raising public awareness of the discussion through information sharing and proactive public involvement.
President Mahama's administration's acknowledgment of the pressing need to restart the country's economy is seen in his resolve to calling the NED. It is anticipated that the discussion will focus on finding answers to Ghana's financial problems with a particular emphasis on sustainability, equity, and transparency.
The government emphasized the value of cooperation in overcoming the nation's economic obstacles in a statement released by Acting Presidential Spokesperson Felix Kwakye Ofosu.
The establishment of the National Economic Dialogue Planning Committee is being praised as a major step in supporting an open and collaborative approach to economic management, which is consistent with President Mahama's goal of inclusive governance.