Government has launched a policy summit aimed at revamping the economy
The first ever national policy summit is aimed at establishing partnerships while furthering policy development through elicited feedback to government.
The 2-day event starting from May 2, 2017 would focus on the economy as part of series of policy initiatives and cross-cutting measures by government to restart growth.
“The economy is the biggest challenge inherited by the Akufo-Addo government and also the sector that has received the biggest share of government’s policy attention in the first three months,” Information Minister Mr. Mustapha Hamid told reporters at the launch on Tuesday.
Over the years, the Minister said the relevance of the ministry has been undermined because government communications of various policies and programmes were rarely disseminated from a centralized point. The information Ministry has been incorporated into the Ministry of Communications
under which its programmes and activities are supervised.
“The strategic dissemination of information on government programmes and policies did not have much attention,” he said. Under the Akufo-Addo administration, he said, government has decided to revamp the ministry and its agencies and to re-launch efforts at centralising and coordinating information on government policies and programmes.
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He said the policy launch marks the government’s first platform for the coordinated communication of programmes and policy details across ministries, departments and agencies.
“Each Month we shall narrow in on a selected Ministry or sector and bring together various actors therein to participate in this National Policy Summit dedicated to the said sector,” he said. Mr. Mohammed Awal, Minister for Business Development said the session on economy and finance would focus on showing how banks, contractors, taxpayers, investors and workers would be affected by government’s macro-economic policies this year.
“The efforts at managing expenditure prudently will definitely have an impact on the private sector,” he added: “and it will thus be important for private sector players to programme their activities to avoid shocks to their business and alternatively to determine which areas of investment may be more lucrative in the medium term.”
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The session would also show how private players can leverage the renewed business confidence following the tax cut and focus their activities towards government’s priority areas, he said. There would also be sessions on agriculture, trade and industry, energy, infrastructure for poverty eradication programmes.