Pulse.com.gh logo
Go


2018 Budget Here's President Akufo-Addo's Plan for Economic Transformation

The bigger aim according to the government, is to rewrite Ghana’s history and make it a business hub that will eventually become export dependent rather than the current status quo.

  • Published:
24/7 Live - Subscribe to the Pulse Newsletter!

Since the inception of the Nana Addo Danquah Akufo Addo led administration on January 7, 2017, Ghanaians have seen some few measures being implemented by the government aimed at transforming the nation’s economy and bettering the standards of living for the citizenry.

The bigger aim according to the government, is to rewrite Ghana’s history and make it a business hub that will eventually become export dependent rather than the current status quo.

READ MORE: Man beats up ex-girlfriend so severely that her own daughter could not recognise her

As part of the transformation agenda, the government has initiated some programmes that some analysts described as ambitious, considering the state of the economy as inherited from the erstwhile John Mahama led administration.

Policies such as the paperless port, planting for food and job creation, digital addressing system, 1-district-1-factroy, the free Senior High School among others were initiated and are ongoing during the 2017 financial year.

However, as the first fiscal year gradually comes to an end, the government has drafted what it calls the Akufo-Ado plan for Economic Transformation (AAPET).

For instance, the government has said in the 2018 budget that it will abolish duties on some agriculture produce processing equipment and machinery. This must be a laudable policy as the government intends to boost agriculture which will subsequently create jobs for the youth through its planting for food and job creation programme.

READ ALSO: 12 students charged over the death of 19-year-old who took 18 drinks in 82 minutes

That is not all, the government also intends to open up key food basket zones through road construction and irrigation projects among may other intriguing policeis.

Here is a summary of the Akufo-Ado plan for Economic Transformation (AAPET) in the chart below:

Do you ever witness news or have a story that should be featured on Pulse Ghana?
Submit your stories, pictures and videos to us now via WhatsApp: +233507713497, Social Media @pulseghana: #PulseEyewitness & DM or Email: eyewitness@pulse.com.gh.

Recommended Articles

Recommended Videos




Top Articles

1 Roshi Motman AirtelTigo CEO resignsbullet
2 Ghana Politics Akufo-Addo fires Lands Commission bossbullet
3 Menzgold Ghana Don't deposit money with Menzgold – BoG cautions...bullet
4 Economy Bawumia must stop misleading Ghanaians over cedi...bullet
5 MTN Ghana Selorm Adadevoh is MTN Ghana’s new CEObullet
6 Salaries In 2018 Here are the dates public workers will be...bullet
7 Shirley Frimpong-Manso and Ken Attoh owe The Royal Bankbullet
8 Menzgold Ghana Investment company closes down its Gold...bullet
9 Economy Of Ghana No profit because of cedi depreciation...bullet
10 First National Bank Ghana launches first-ever cash...bullet

Top Videos

1 Forbes 2018 Africa's billionaires rich listbullet
2 Money Alert Meet Africa's richest womanbullet
3 New Discovery Ghana discovers new mineral, lithium in commercial...bullet
4 Bozoma Saint John 10 quotes from Uber top official, Bozoma, that...bullet
5 Support Finance minister buys Kantanka carbullet
6 Plane Crash Starbow suspends operations following plane crashbullet
7 Tech 6 reasons you should buy an iPhone SE instead of any of...bullet
8 New Phone Nokia’s MWC 2018 Event in Under 10 Minutesbullet
9 Dr Joseph Siaw Agyepong Nobody can collapse my company –...bullet
10 Entrepreneurship Creating Success Systems | StartUpSchoolbullet

Business