The Institute of Economic Affairs (IEA) has urged the Bank of Ghana (BoG) to leverage the country's natural resources to stimulate economic growth and attract investments in both physical and human capital.
The IEA argues that tapping into Ghana's resource wealth could lower business costs and foster a more conducive environment for long-term economic development.
In its bi-monthly Economic Outlook report for September to October, the IEA highlighted key challenges facing the Ghanaian economy, including low levels of public investment and ongoing macroeconomic instability.
The report suggests that these factors are holding Ghana back from reaching its full growth potential.