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Ghana's economy will create jobs after 25 years- Kusi Boafo

  • kencitymediagh
  • Sep 1, 2017
  • 2 min read

Economist and former lecturer at the Kumasi Technical University Thomas Kusi Boafo believes it will take Ghana a longer time to create jobs for the teaming unemployed youth.

In his estimation, it will take Ghana about 25 years before it can grow the economy to a level that would lead to job creation.

According to him, if there should be job creation then the economy should managed well so that the current economic growth rate of 3.6% record double digits and remain double for several years.

"I'm afraid and I must be honest that we will need double digits growth for 5 continuous years before we can clear unemployment situation or we need 7% growth for eight or nine years.

"So I'm telling the youth today to look for jobs outside Ghana,” he stated.

Speaking on Oman FM's political analysis programme "Boiling Point” Mr. Kusi Boafo, who is the CEO of Public Sector Reforms emphasized that the country needs to make deliberate efforts to restore growth and confidence in the system.

He said he can only be happy if the economy record double digits growth by 2021 and beyond.

Touching on corruption which he said has bedeviled the country, Mr. Kusi Boafo charged President Nana Akufo-Addo to put stringent measures in place to make corruption very unattractive.

He explained that President Akufo-Addo's administration cannot continue to do business as usual by failing to punish those who have engaged in corrupt acts, stressing that, such circumstances brings discouragement to the masses while it encourages the few corrupt people.

"There are three things this government should consider very serious and that is tackling corruption, ensuring transparency and accountability.. If the government is able to do these there will be what we call "buy- in" and this will translate into support from the masses to the government," he suggested.

Story By Michael Creg Afful

 
 
 

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