Alan Kyerematen, Founder and leader of the Movement for Change, has expressed confidence that his Great Transformation Plan (GTP) can stabilise Ghana’s economy within three years.
Speaking at the IEA Evening Encounter with presidential candidates on Tuesday, October 1, 2024, Kyerematen highlighted the comprehensive strategies outlined in the GTP to drive economic recovery and growth.
He further explained that, in addition to macroeconomic policies, the GTP includes a robust plan to strengthen Ghana’s productive sectors.
This would be achieved through industrial transformation, a new agricultural revolution, and an aggressive push to promote tourism.
“If you ever have the opportunity to read this GTP in detail, you would come to the conclusion that within a maximum of three years, we will stabilise the Ghanaian Economy…The GTP proposes a comprehensive programme for boosting the productive sectors of this economy; through industrial transformation, a new agricultural revolution and aggressively promoting tourism.”
“Macroeconomic stability is a necessary condition but it is not a sufficient condition for progress. it provides the basis for stabilisation but for you to be able to grow, you need to go beyond stabilisation into investments into the productive sector of the economy,” he said.