Overview of The GTP
The GTP
Alan’s Policy framework is titled, the Great Transformational Plan (GTP), and it looks to bring prosperity to all Ghanaians.
The Context
- The economy of Ghana has over the last sixty years been characterized by severe fluctuations in economic performance, reflecting structural vulnerabilities in the Ghanaian economy. This has denied the country much-needed stability and growth, critical for transforming the country from poverty to prosperity.
- This has led Ghana to seek support from the IMF on 17 different occasions the most recent being in 2023.
- The Ghanaian economy is highly dependent on the export of commodities with little or no value addition.
- Indeed, the 5.1% projected GDP growth for the Ghanaian economy for 2023 is based on the anticipated increasing global commodity prices.
- To avoid going back to the IMF in the future, Alan has proposed a new Plan – the Great Transformational Plan (GTP).
- A Plan that will lead to a more self-reliant and resilient economy. A Plan that will move Ghana from Stability and Growth to Transformation.
Critical Success Factors for the GTP
There are ten critical considerations which we need to take into account to guarantee the success of the GTP.
- The primacy of the Private Sector in our national development agenda: The Private Sector, both domestic and foreign, formal and informal has to be at the centre of our transformational agenda. The Government’s focus must be to facilitate the process of making our private sector more competitive, by creating an enabling environment for businesses.
- Attitude to work: Ghanaians generally have a lackadaisical and self-serving attitude to work. What we need to understand is that whether you are working for the Private sector or for Government, as a worker, you are not doing a favour to your employer. It is your duty to ensure that you earn your living from the efforts of your labour.
- Enforcement of discipline: As a people we must appreciate the need for discipline in all spheres of our national lives. The lack of discipline would undermine the success of any transformational agenda.
- Corruption and petty theft or thievery particularly from the public purse: Corruption denies our country the benefit of utilizing its tax revenue and other resources for the development of our country.
- The arrogance of power: This has been a major obstruction to progress in our country. People in positions of authority must understand that leadership is an opportunity to serve the people, and not to lord over them. In servant leadership, humility is an asset and not a weakness.
- Passion for Excellence: As a country we must celebrate competence and excellence and not mediocrity.
- Getting Things Done: As a people, we must focus more on getting things done than talking. Ghana is gradually becoming a NATO country – “No Action Talk Only”. We need to remember that the use of time is a zero-sum game. What Ghana needs now are solutions and actions not debates.
- Divisiveness: Our politics in Ghana is too divisive. This keeps out some of our best talents in offering themselves for political appointments. Yes, we pride ourselves as being the bastion of democracy in Africa, but that does not mean that we should allow partisan politics to destroy our collective interests.
- Respect for rule of law: All thriving democracies and matured economies are anchored on respect for the rule of law. This is a fundamental requirement for commercial transactions in the conduct of business in general.
- 10. Patriotism: The pride of being Ghanaian will have a significant and positive impact on not only promoting our cultural values, but will also help us appreciate the need to patronize Made in Ghana goods, and stimulate local production.