Kufuor: Ghana still needs donor support

Former President Kufuor

Former President Kufuor

Former President John Agyekum Kufuor has observed that Ghana still needs international donors to support the economy and drive development at all levels.

 

He insisted that Ghana’s current phase of development required some form of financial support from international partners to strategically position itself to get the best out of international agreements.
Speaking to the media at the graduation of first batch of students of the Kufuor Scholars programme, former President Kufuor indicated that “it is a matter of phasing, we are in a phase of development and we just do not get up and say no aid.

“They have exploited us enough, we take to empower ourselves, to build ourselves through education, through attracting investment, creating employment, it gets to a point where when they come, they meet their equals”.

“We have to be careful to say that now where we are, we will not go and ask for aid, we will do it, but only as a stage to empower us.

“We need to build our negotiating skills to get a fair share around the negotiating table because whether from the East or West, none of them come because they love us, they come for what they can get, we must also learn what we want from them, learn to negotiate and take it,” former President Kufuor pointed out.

The government’s decision to sign eight new Co-operation Agreements and Memoranda of Understanding with China in different sectors of their respective economies, has been widely criticised by some stakeholders who have primarily argued that the government has no new ways of generating wealth internally for development.

The criticism in most cases has been occasioned by the government’s own pledge it is seeking to build a Ghana Beyond Aid and there are also concerns the country is not getting the best from the aid largely due to rising corruption levels.

The government has already defended its decision to engage other countries including China to exploit natural resources for national development.

Minister for Information-designate, Kojo Oppong Nkrumah has indicated that the current global environment makes China one of the best partners to work with for economic gains.

David Ofosu-Dortey, a legal practitioner, recently said “Ghana has for a very long time engaged trade partners like China without a detailed strategy, hence the country often appears to be disadvantaged in the signing of deals with them.” –citinewsroom.com

email
Print Friendly

Leave a Comment