Economist Urges Ghana To Rethink Reliance On Foreign Aid
Economist Urges Ghana To Rethink Reliance On Foreign Aid
Ghanaian economist Prof. Patrick Asuming has called on the government to redirect funds into critical sectors of the economy. This comes as foreign aid, particularly in health and agriculture, is likely to be cut.
Asuming emphasized that Ghana cannot rely solely on foreign donors to finance essential services. He believes the country has the resources to support itself, but wastage and corruption must be addressed.
SEE ALSO: Female Musicians Face Tough Challenges In The Industry – Sista Afia
The economist’s comments were prompted by a recent decision by a foreign aid agency to suspend support for certain regions in Ghana. Asuming’s expertise highlights the need for Ghana to prioritize its economic development and mobilize its own resources.
View this post on Instagram
