Akufo-Addo Gov't Take your time; you are choking the economy with too many projects - IFS to gov't

Dr Said Boakye believes the government may not be able to achieve more if its capital-intensive projects are not rolled out gradually.

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The government must reduce the number of development initiatives it is pursuing and rather focus on a few within a particular time, a Senior Research Fellow at the Institute for Fiscal Studies (IFS) has said.

Dr Said Boakye believes the government may not be able to achieve more if its capital-intensive projects including Planting for Food and Jobs, Zongo Development Fund, One Million Dollars per Constituency, Free Senior High School (SHS) are not rolled out gradually.

“I am not saying they [initiatives] are bad. Who wouldn’t like an industrialised economy? Nobody would. But if you don’t take your time, and try to do so many things at the same time, you will not be able to achieve anything, none of them will succeed,” he said on The Hard Truth, a political talk show on the Joy News channel.

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The above-mentioned initiatives like the Free SHS, and the Planting for Food and Jobs have already been rolled out.

However, many people have raised issues with how they can be sustained.

Dr Boakye argues that apart from sustainability issues, the government must tread cautiously with regards to spending in order not to choke other sectors of the economy which are equally important.

“President Kufuor did something similar – district industrialisation programme – every district was supposed to get one factory. After his term how many factories have been established? It is because of a funding issue.

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“That is why we are only cautioning the [current] government, ‘take your time, move slowly, don’t bring all these things onboard at the same time,’” he said.

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