Abeku Gyan-Quansah — Tax Partner at PwC Ghana

Watch the Graphic/Ecobank Ghana economic forum

Presidential Advisor on the Economy, Seth Terkper; Tax Partner at PwC Ghana, Abeku Gyan-Quansah, and other analysts are set to discuss the economy and its prospects this morning at the maiden edition of the Daily Graphic/Ecobank Ghana Economic Forum.

The thought-leadership event powered by the two partners is to foster a comprehensive discussion on the economy and its prospects for development.

The forum, which will be held at the Ecobank Head Office in Accra, from 7 a.m. to 10 a.m., is on the theme: “A broad review of the economy of Ghana: Then, now, and the way forward”.

It will feature a keynote address by the First Deputy Governor of the Bank of Ghana, Dr Zakari Mumuni, after which Messrs Terkper and Gyan-Quansah, both of them tax experts, will flesh the issues out in a panel discussion.

Policymakers, private sector actors, civil society and academicians will join in the forum to analyse effective controls that promote sustainable economic growth and innovative strategies to ensure sustainable fiscal management, examine ways to broaden the tax base and identify innovative revenue mobilisation methods to boost economic growth.

The inaugural forum will also explore three critical areas bordering on monetary policy, fiscal discipline and taxation.

The First Deputy Governor of the Bank of Ghana, the guest speaker, is expected to provide key insights into the current economic landscape.

Vital opportunity

The Director of Sales and Marketing of the Graphic Communications Group Ltd, Franklin Sowa, said the forum would present a vital opportunity for stakeholders to engage in discussions that would shape the future of the economy.

“This is another thought leadership platform from the Graphic Communications Group Ltd powered by Daily Graphic and Graphic Online to create an avenue for carefully selected experts to share clear proposed recommendations as we all work together as a people to create the Ghana that enables businesses to thrive, a people committed to driving growth and enabling a vibrant economy to gain good success in all aspects of business, particularly for micro, small and medium enterprises (MSMEs),” he stated.

The maiden event was just the beginning, with subsequent ones expected to focus on the contributions of specific sectors to the economy and the necessary measures for the sectors to drive meaningful growth, Mr Sowa said.

Partnership

The Editor, Graphic, Theophilus Yartey, underscored the importance of the Daily Graphic platform, which had been a trusted source of news and information, shaping public discourse for 75 years.

He said the company’s partnership with Ecobank Ghana was founded on their relationship, which spanned many years, built on mutual respect and a shared vision for a prosperous Ghana.

PwC Tax Partner

In an interview, Mr Gyan-Quansah stressed the importance of the dialogue could not be overstated, saying such discussions were crucial for several reasons, including reflecting on progress made.

“Reviewing the economic journey of Ghana allows us to appreciate the strides made and understand the challenges faced.

This reflection is essential for informed decision-making and policy formulation,” he said.

The PwC Tax Partner said understanding the present economic conditions, including revenue generation, expenditure patterns, and fiscal balance, was vital for identifying areas that required immediate attention and intervention.

Also vital for mapping out future directions, Mr Gyan-Quansah said discussing the way forward would provide an opportunity to strategise and set actionable goals for sustainable economic growth.

He added that it allowed stakeholders to align themselves  with priorities and collaborate effectively.

Mr Gyan-Quansah said building on other economic dialogues, the event would delve into critical areas such as revenue, expenditure, and monetary policy, the forum was timely and necessary for fostering a resilient and inclusive economy.

“I am particularly excited about the short duration scheduled to cover these extensive topics, as it promises a focused and dynamic exchange of ideas.

I look forward to hearing and learning from the audience, whose insights and perspectives are invaluable,” the PwC Tax Partner said.

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