The Independent Presidential candidate for Election 2008, Mr Kwesi Amoafo- Yeboah, has called on managers of the economy to use the challenges inherent in the global economic crisis to restructure the country's economy.
He said efforts must be made to use the challenge as an opportunity to build a resilient economy against future external shocks.
Speaking to the Daily Graphic last Saturday, he advised Ghanaians to change their consumption habits, patronise made in Ghana products, especially local dishes, as a way of building the economic capacity of the country.
For a start, he suggested that just as the government introduced the Friday wear, which was successful, Ghanaians could be encouraged to cultivate the habit of eating a Ghanaian meal once a week.
"Eat a Ghanaian dish once or twice a week. We should eat food grown in Ghana and by so doing we would save scarce money for the nation," he stated.
He said "This global economic crunch is our best opportunity to wean ourselves off the dependency syndrome that has engulfed our economy over the years."
Mr Amoafo- Yeboah said once Ghanaians were able to patronise made in Ghana products, scarce resources saved would be used to support other important social interventions.
He explained that due to the credit crunch, donor partners would not be able to provide needed funds to support the country's economy like they used to because already their economies were in danger.
Remittances from Ghanaians living abroad, he said, would also reduce drastically because most of them have lost their jobs while exports from Ghana to other developed countries would depreciate because such consumers had either lost jobs or were receiving reduced income.
Source: Daily Graphic
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
Latest Stories
-
Damongo: NDC youth allegedly shuts down community mechanised borehole
2 hours -
Mahama vows to uncap NHIS levy in upcoming budget
2 hours -
‘God is telling you to lead through difficult times’, says Rev. Wengam to Mahama
2 hours -
Appiah-Kubi calls on Mahama to review 60-Minister pledge if governance requires
2 hours -
Aklerh makes a ‘Mash Up’ move
2 hours -
No business as usual – Mahama warns appointees
2 hours -
Mr P.O.P: Message from the Morning Man by Kojo Yankson
2 hours -
True peace stems from justice, not the lack of conflict – Duncan-Williams
2 hours -
One dead, student rider injured in a crash at Assin Andoe
2 hours -
Have a long term plan and financial solution for Ghana’s energy sector to permanently get rid of “dumsor”.
2 hours -
Ghana to commission first NuScale small modular reactor simulator training centre in Africa
2 hours -
FirstBank celebrates year-end thanksgiving service at Victory Bible Church
3 hours -
FirstBank’s 2024 Graduate Trainees give back to the community: A day of learning and sharing at Mount Zion Presby Model Primary School
3 hours -
Fire destroys hundreds of shops in Techiman Central Market, traders left in despair
3 hours -
Apple board pushes against diversity rollback call
3 hours