Alan outside the Great Transformational Plan; 10 main pillars for the presidency
New Patriotic Party (NPP) flagbearer hopeful, Alan Kyerematen outlined a series of policy initiatives as he seeks to become the next president of Ghana.
In a national broadcast Tuesday evening, the presidential candidate, who resigned as Minister of Trade and Industry, said the measures are in line with the transformational leadership he will pursue if elected.
The policy is mainly focused on industry, agriculture, economy, governance, security and others and is under the name, Great Transformational Plan (GTP) for a period of five years from 2025 to 2030.
The GTP will be anchored on the following 10 key pillars as described:
1. Strong Macroeconomic Environment:
The success of the GTP will depend mainly on strong macroeconomic fundamentals, which include, among others, a stable currency, low inflation, sustainable debt levels, revenue optimization and strict expenditure control to ensure fiscal balance, low competitive interest rates, external reserves that is strong. backed by high levels of liquidity to support the financial sector. For the most part, the IMF’s support program when fully implemented, will create the right conditions that will support the Great Transformational Plan.
2. A New Agricultural Revolution (NAR) for Ghana:
The NAR will be based on five critical elements.
i. Optimizing Value for Farmers through the establishment of Farmer-Owned Large Scale Commercial Farms and Processing Facilities that will bring the full benefits of the agricultural value chain to farmers.
ii. Introducing Technology and Innovation into Agriculture, through Research & Development (R&D) in Agronomy, Mechanization, Irrigation, and Plantation Management. It will build on the foundation laid by the Planting for Food and Jobs and Planting for Export and Rural Development (PERD) programs. Our farmers cannot be competitive without technology and innovation.
iii. Establishment of Licensed Food Distribution and Marketing companies by Private throughout the country at the district level, will be supported by the Government. These companies will be important links between the farmers and Queen Markets in urban and suburban areas. This will be complemented by the introduction of digital food distribution and online marketing platforms that will connect producers to buyers and consumers.
iv. Strengthening the Ghana Commodity Exchange as a market for all actors in the Agricultural value chain. v. Deepening the current regime for loans and financing for the agricultural sector. i. Promote the de-regulation of the Cocoa sector by increasing the participation of the private sector in the purchase and marketing (including export) of Cocoa.
vii. Mass Citizen Participation in Agriculture by introducing the ‘Operation Own a Farm’ program for Ghanaians in general.
3. Industrial Transformation:
This will build on the success of the Government’s Ten Point Industrial Transformation Program including the One District One Factory (1D1F) initiative; the establishment of Strategic Anchor Industries for various economies beyond Cocoa and Gold, for example Automobile assembly, Garments and Textiles, Pharmaceuticals and the Petrochemical industry; promote the growth and development of Small and Medium Enterprises; the establishment of Industrial Parks and Special Economic Zones; and supporting Domestic Retail Trade and Distribution.
4. Acceleration of Infrastructure Development:
Increase the financing of the private sector for public infrastructure such as Roads, Railways, Ports and Harbors, Water Supply Systems, Public Housing, etc., which will reduce the government’s contribution to the financing of these infrastructure projects.
5. Digital Mainstreaming:
Digitization will play a role in all Government and Public sector activities, based on the current work led by the Ministry of Communications and Digitalization.
6. Energy Security and Diversification:
Greater emphasis will be placed on developing renewable energy sources, fast-tracking the execution of the Government’s energy transition strategy, including but not limited to nuclear and hydrogen energy.
7. Decarbonization and Climate Resilience:
Expand the Government’s current efforts to reduce Ghana’s carbon footprint 8 and facilitate access to the carbon trading market, as well as create mechanisms to strengthen the country’s preparedness against the negative effects of climate change.
8. Optimizing National Security and Defense:
Use resources to strengthen National Security and Defense Mechanisms and Infrastructure, to deal with emerging security threats and challenges, especially in the Sahalian region.
9. Reduce Government:
The Government’s architecture will be revamped by merging several existing Ministries, Departments and Agencies. This means implementing a lean Government structure that will ensure operational efficiency and effectiveness in the delivery of Government services.
10. Strategic Engagement with the International Community: Ghana’s diplomatic and economic relations with the International Community under the GTP will be based on the principle of ‘positive neutrality’, based on Ghana’s strategic interests, as well as our shared commitment to maintaining world peace and respect. humanity.
Click here for the full speech.
Alan’s post outside the Great Transformation Plan; The post 10 key pillars for the presidency appeared first on Citinewsroom – Comprehensive News in Ghana.
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