Dr Anthony Akoto Osei
Dr Anthony Akoto Osei

Former?Minister?of State for?Finance?and Economic Planning,?Anthony?Akoto Osei?has commended?government? for the removal of subsidies, especially on?petroleum products.

According to him, some of these policies anddecisions?will go a long way to help the economy improve and develop.

?We commend them for beginning the painful process of removal of?subsidies; we should depoliticise that, because it is costly politically,?? he said.

The?Member of Parliament?for Old Tafo was speaking at the Graphic-Fidelity Economic dialogue on the state of the Ghanaian economy in Accra on Tuesday. He said we cannot as a country continue to buy at higher rates and cut down on our prices.

Mr Akoto-Osei?also said in the?dialogue?that for Ghana to experience growth, the public cannot continue toborrow?at the rate which it does in the short term. He said that Ghana?s?growth rate?is challenged and must be saved.

He also mentioned that Finance Minister and?Ministry?must show commitment and?discipline?in the?budgetallocation, ?? Ministers putting items on the budget that are not in the budget, this is serious indiscipline in every government from Nkrumah down to now,??

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