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Economic Dialogue: I saw a genuine desire by the participants for economic transformation – Otokunor

The Director of Presidential Initiatives in Agriculture and Agribusiness, Peter Boamah Otokunor, has said that participants during the recently held National Economic Dialogue demonstrated a desire for economic transom.

He described their desire to transform the economy as “genuine.”

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“I saw a genuine desire by the participants for economic transformation during the dialogue,” he said on the Key Points on TV3 Saturday, March 8 after underscoring the importance of the National Economic Dialogue held between March 3 and 4.

According to him, the objective was to build consensus on the way forward for Ghana’s sustainable development.

“We needed to understand the situation that we are in. We started calling for this National Economic Dialogue, they (previous government) laughed at us that we lack ideas that’s why we are calling for it. They said the same thing when we were going to Senchi {Royal Senchi Hotel}. What they fail to understand is that is that wisdom does not lie in one man’s head,” he said on the KeyPoints on March 8.

Mr Otokunor said, “it means if you want to go far, you go together, but if you want to go fast, you go alone. But you are likely to break down along the way.”

Also commenting on the same show, a Private legal practitioner Martin Kpebu applauded the government for the successful organisation of the National Economic Dialogue.

He made the point that in order to bring the major needed changes in the economy it was important to bring all key stakeholders on board, hence the dialogue was commendable.

“To bring major change, you need to bring people on board even when you’re very confident of what you’re doing,” he said on the Key Points on TV3 Saturday March 8.

The Government of Ghana and its partners, including the Private Sector, Civil Society Organisations, Traditional Authorities, and Academia convened for the National Economic Dialogue (NED), under the distinguished patronage of  President John Dramani Mahama and Vice President  Prof. Naana Jane Opoku-Agyemang from 3rd to 4th March, 2025 at Accra International Conference Centre:

The Minister for Finance, Dr Cassiel Ato Forson, described the dialogue as a pivotal moment in Ghana’s economic history.

Speaking at the opening session on Monday, March 3, he emphasised the significance of the forum in shaping the nation’s economic future and addressing pressing challenges.

Dr Forson highlighted the dialogue as a crucial platform for reflection, acknowledging both past economic missteps and opportunities for growth.

He stressed that the discussions would provide a roadmap for a more resilient and prosperous economy, ensuring that lessons from previous financial policies inform future decision-making.

“This dialogue is therefore an opportunity to reflect on our economic reality, address the challenges, and chart a course towards a more prosperous future for our citizens,” he stated.

“It is my hope and prayer that the lessons that will emerge from these conversations will guide our steps and that we may not repeat the mistakes of the recent past.”

Full Text: Communique issued after 2-day National Economic Dialogue