Economy will witness growth under my presidency — Nana Bediako

The leader of the New Force Movement, Nana Kwame Bediako has stated that the country will witness economic growth with his 10-year plan.

He stated that under his “seven-non-negotiable” plan, mining was one of the focus areas to ensure currency revitalisation, the sixth of his plan to boost the economy.

The independent presidential candidate stated that his main agenda was to use mineral deposits to support economic growth and stabilise the currency.

Launch

He noted that the bedrock of Ghana was the export of minerals.

Speaking at the launch of his 10-year plan in the Ashanti Region, Nana Bediako noted that the bedrock of Ghana’s economy was the export of its minerals, hence he would focus on mining, technology and the stability of the currency that would help the economy to grow.

In line with that, he said he would introduce mining as part of the Ghanaian educational curriculum that would run from basic to tertiary levels to strengthen the Vocational and Technical Education (TVET) system in the country.

“TVET will build technocrats who will use the knowledge acquired to improve economic outcomes and ensure the stability of the currency”, he said. 

Disagreement

A finance expert, Richmond Atuahene disagreed with the policies that Nana Bediako sought to implement under his government. 

Nana Bediako’s plan would not affect businesses since he (Nana Bediako) failed to mention the strategies he would pursue to achieve his plan.

Speaking in an interview, Mr Atuahene indicated that the economy would only grow when policymakers began to expand the export base and improve remittances.

“You minimise import and increase export, then you have the leverage”, he said. 

He urged Nana Bediako to come out and explain his philosophy clearly because his plan did not fit any growing economy, not even China.