IMANI calls for shift from natural resource dependence to diversified economy

The IMANI Centre for Policy and Education has urged the government to move Ghana away from its heavy dependence on natural resources and raw-material exports and pursue a more productive and diversified economic model.

Economist Professor Godfred Bokpin said economies that rely extensively on natural resources struggle to achieve sustainable growth and development, arguing that Ghana must rethink the foundations of its economic model.

The policy think tank said a more diversified economic base would also help Ghana build greater resilience against external shocks while creating sustainable opportunities for its growing population.