The leader of the Movement for Change, Alan Kwadwo Kyerematen, has revealed his long-standing commitment to economic transformation.
According to him, his passion for economic reform dates back to his undergraduate studies at the University of Ghana, where his dissertation focused on "How to Change the Structure of the Ghanaian Economy".
“I have been talking about transformation for so long. During Kufuor’s time, I was talking about transformation.
“Even at the undergraduate school level at the University of Ghana, the Faculty of Economics… this was from 1973 to 1976, even at that time I was talking about transformation. It was recently that I was thinking about it, and I realized that if this has been your mindset from school it means you are genuine about it,” he said.
During the interview on JoyNews’ JN Today, Mr Kyerematen highlighted the crucial roles he played while serving as Trades Minister under the administrations of former President John Agyekum Kufuor and President Akufo-Addo.
He touted himself as the lead architect of the African Continental Free Trade Area (AfCFTA), noting that “it was the transformation of Africa by bringing Africa together in one common market.”
“Even in Ghana, under former President Kufuor when I talked about the Presidential Special Initiatives, it was about transformation. One District, One Factory under President Akufo-Addo, when I introduced that, it was about transformation. When I started talking about vehicle assembly and component manufacturing in Ghana, it was about transformation,” he told host, Aisha Ibrahim.
Defining transformation as "significant or substantial change," Mr Kyerematen stressed the importance of achieving substantial economic growth to ensure stability.
“The reason why Ghana is not moving forward is that, even when we grow, our growth is not significant enough for it to result in transformation and that is why when there are shocks, either domestic or external, it undermines the stability of our economy because the economy is not transformed.”
Latest Stories
-
ACTT celebrates milestone with first graduates and launch of Innovative Woodwork Program
31 mins -
WPRD Festival 2024: GMA, Telecel host sustainability MasterLAB for PR practitioners
47 mins -
Reality zone with Vicky Wireko: Welcome to another bailout; thank God for election year
60 mins -
UGMC successfully performs 6 kidney transplants
2 hours -
Euro 2024: Spain beat Georgia to set up quarterfinal tie with Germany
2 hours -
SSNIT pledges further stakeholder engagement on hotels’ sale after NPRA directive
2 hours -
Prof Kofi Amoako urges corporate entities, PSA, and MNEs to use their CSR dimensions to contribute to SDGs
3 hours -
NHIA makes June payment to 6 hospitals providing free dialysis treatment
3 hours -
Asanbeck Group of companies CEO wins ‘Ghana’s Most Outstanding Personality’ in cocoa production
4 hours -
Euro 2024: England come from behind to beat Slovakia to advance to quarterfinals
4 hours -
Petrol price to go up 2%, LPG by 5% from July 1, 2024 – IES
5 hours -
Judge upholds decision refusing protection for Ghanaian man who claimed he was persecuted for being gay
5 hours -
Joke Silva debunks rumor of husband Olu Jacobs’ death
6 hours -
One shot dead in Yunyoo in renewed communal clash
6 hours -
24-year-old welder sentenced to 25 years in hard labour for robbery
7 hours