Economics expert, Dr. Adu Owusu Sarkodie has asserted that Ghana’s notorious import culture has stifled the nation’s economic advancement in the face of the global COVID-19 crisis.
The eloquent economics educator, speaking on PLAN B FM’s morning show, NKOSUO NSEM on Thursday, 16th July, asserted that the nation’s clear path to economic stability will be founded on unwavering faith in the agriculture and manufacturing sector with increased support from government.
He further established that dependency on foreign goods was confrontational to the development of the local manufacturing industry and endangered Ghana’s job creation potentials. Dr. Sarkodie lamented, “Last year alone, Ghana spent close to 32 billion dollars on imports. This huge amount could have been infused into agriculture and manufacturing to create jobs for the masses”.