Panelists at the launch of the World Bank Group latest flagship report, World Development Report (WDR) 2024, have called for innovation, prudent use of the country's tax revenues and expansion of the tax net to rope in more revenue for the gov­ernment to accelerate the growth of the country.

Also, the panelists stressed the need for initiating programmes and measures to encourage savings, the protection of strategic sectors of the economy, investment of public revenues in projects with high returns in order to reduce govern­ment borrowing and curbing illicit financial flows.

The panelists are; First Deputy Governor of the Bank of Ghana, Dr Maxwell Opoku-Afari, the Di­rector of the Institute of Statistical Social and Economic Research of the University of Ghana, Professor Peter Quartey, the UN Resident Coordinator, Charles Abani, the President and Chief Executive Of­ficer of African Centre Economic Transformation, Ms Mavis Owu­su-Gyamfi, and the Swiss Ambas­sador to Ghana, Simone Giger.

The WDR titled; 'Middle-In­come Trap,' outlines growth strategies to help Middle-Income Economies (MIE) to escape debt traps and emphasised investment, infusion and innovation to propel the growth of MIEs.