The government must prioritise efforts to restore macroeconomic stability and regain confidence in the economy, participants at the just ended National Economic Dialogue (NED), have recommended.
A communique issued at the end of the programme last Tuesday and read by the Chairman of the NED 2025, Dr Ishmael Yamson, urged the government to enhance coordination between fiscal and monetary policy operations and achieve alignment.
It said the government must review the foreign exchange retention regime to support economic stability. "The government should implement major tax reforms that expand the tax net, including property taxes, revise Value Added Tax rate and address revenue leakages," the communique stated.
The two-day programme was on the theme: 'Resetting Ghana: Building the Economy We Want Together.' It was attended by government officials, policy makers, business leaders, Members of Parliament, members of the diplomatic corps, development partners, representatives of banking, finance and insurance organisations, civil society organisations, academic and research experts, women and youth group representatives, clergy, traditional leaders, community representatives, grassroots Ghanaian citizens, and a cross section of the public to discuss measures to foster inclusive economic growth and national development.
