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Apr 27, 2011

First Dialogue of the Second Policy Fair


As part of the programmes lined up for the second policy fair  a  dialogue session  which focused on the coordinated programme of economic and social development policies 2010 through to 2016 has been organised.

The Deputy Minister for Information, Honourable Samuel Okudzeto Ablakwa explained that the Ghana Shared Growth means promoting equitable socio-economic development for all Ghanaians. Accelerated Development Agenda, he noted is an agenda which adds value to the standard of living of all Ghanaians.

The Chairman of the National Development Planning Commission, Mr. P.  V. Obeng stated that energy and its related services play a major role in facilitating socio-economic development and also the sector’s impact is limited by several gaps and challenges.

He added that the discovery of oil and gas has brought expectations and challenges in the energy sector and also heightened expectations for a significant improvement in national development.

These benefits will include the availability of products, reasonable pricing and resources to improve Ghana’s development prospect and also fund more investment in the energy sector.

“Directed action is also needed to strengthen regulatory oversight and ensure local content in emerging oil and gas industries with a deliberate policy to ensure the participation of Ghanaians along the entire value chain of the industry”, he stressed.

A member of the National Development Planning Commission, Mr. Fredrick Tay said the agenda will cover areas such as economic development, social development, science technology and innovation, infrastructure development amongst others.

He said parliament continues to perform its legislative, oversight, deliberative, financial and regulatory functions to deepen democracy, good governance and sound economic development, adding that Civil Society Organisations (CSOs) and think-tanks continue to make significant inputs into the consolidation of democracy in Ghana.

In the area of environmental governance, he emphasised on the need to ensure sustainable development in poor communities where farming and other activities that require intensive use of land dominate.

The Head of Policy Implementation and Monitoring Unit (Office of the President), Dr. Christine Amoako Nuamah, indicated that with the anticipated commercial exploitation of oil and gas, Ghana will be able to double its real per capita income by 2020.

Dr. Nuamah said that the major setbacks to the judicial process in promoting law and justice are due to the high cost of legal processes which are often prohibitive to the poor.

A Development Economist, Mr. Kwame Mpianim indicated that the extent of poverty reduction will be less if a lower poverty line is used, or when more emphasis is placed on the depth of poverty.

Click here to view photos of the events

Source: ISD (Adjoa Agyei)