Ghana’s quest to attain upper middle-income status by 2038 has taken center stage, with Finance Minister Dr. Ato Forson emphasizing the urgent need for comprehensive economic reforms.
Speaking at the National Economic Dialogue, Dr. Forson cautioned that without bold measures, Ghana risks delaying its achievement of upper middle-income status until after 2050.
Dr. Forson stressed that introducing well-structured and ambitious reforms is crucial for Ghana’s economic progress.
He underscored the government’s commitment to implementing these reforms, which will reset and strengthen Ghana’s economy, paving the way for sustainable growth and development.
“We have no choice but to introduce measures to reset our economy. If we are to do well and introduce very ambitious reforms, Ghana will indeed become an upper middle-income country before the year 2038,” Dr. Forson added.
The National Economic Dialogue has convened policymakers, economists, business leaders, and civil society organizations to deliberate on key economic strategies. The discussions aim to shape policies that will drive long-term economic stability and growth. Dr. Forson’s emphasis on comprehensive reforms resonates with Ghana’s Vision 2057, which aspires to achieve upper middle-income status and improve the living standards of Ghanaians.
*Phalonzy
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