An Associate Professor at the Finance Department at the University of Ghana Business School (UGBS), Professor Lord Mensah, has expressed doubts over the feasibility of the much touted “Ghana Beyond Aid Agenda”.
Speaking in an interview with Blessed Sogah on the Pulse on Tuesday, he explained that, given the ailing nature of the economy, it will be impossible for Ghana to successfully thrive, without support from external sources.
According to him, the goal of complete self-reliance cannot be attained by the current Akufo-Addo administration.
He, therefore, advised that the “Ghana Beyond Aid” agenda should be adopted as a longer futuristic aspiration of the country, which should not be limited to any specific regime.
“Ghana Beyond Aid, I’ve been saying that is a project. We don’t have to look at it within a particular regime. Ghana as a country must look at this as a project which in the next 20 years, we can work towards it. But looking at where we find ourselves now, I don’t think, Ghana Beyond Aid is possible.
“Because as we speak now, any free money that drops in the way of Ghana, we will take it. So I’ll say that yes, it’s not possible within this particular time or this regime, but then we should take it as a project,” he said.
In 2018, the ‘Ghana Beyond Aid’ slogan, became very popular after the President, Nana Akufo-Addo rehashed it as his vision for the country. According to him, there was the need for Ghana to excel on its own merit with excessive reliance on foreign aid or support.
GhanaFeed.com