Financial analyst, Daniel Anim has stated that the Covid-19 pandemic can be a blessing in disguise if Ghana can capitalize on the opportunity to improve and develop various sectors of the economy.
In an interview on our news analysis show ‘Behind the Headlines’, the Financial Analyst explained that the pandemic has thrown light on the short comings and problems facing the Ghanaian health sector.
Mr. Anim thus suggested that available resources be channeled at and develop the health sector to better prepare for any future pandemic.
“If we can learn from the Covid-19 resultant effects on our economy with respect to the health sector, then what it means is that by now we should start planning and thinking of beefing up our health sector in terms of infrastructure in terms of facilities, we would be able to accommodate any future unforeseen pandemic.”
According to Mr. Anim, government should seize this window of opportunity that COVID-19 presents to strengthen the Ghanaian economy by supporting the Agricultural industry and ensuring the use of technological innovations and advancements to accommodate any contingency in the future.
“We need to develop our economy in a manner that will be able to support other sectors of the economy. For instance, not only the economy we will be looking at the agric sector, in this particular situation we have sufficient revenue in order to pump into the agric sector to produce raw food not only raw foods but to add value to our produce.”
He further urged the youth to be innovative, in finding solutions to some of the problems that have surfaced as a result of the Coronavirus pandemic and be efficient given the limited resources available.
Ghana is reeling under the deadly coronavirus which is impacting the economy and the health system. To cushion businesses that have been negatively affected by the virus, government introduced some stimulus packages to alleviate the economic impact of the pandemic.
Finance Minister, Ken Ofori Atta is expected to present a review of the mid-year budget before Parliament on Thursday, July 23, 2020. Some of the things that are expected to feature in the budget is a roadmap as to how government plans to pay a GH¢10 billion loan granted by the Bank of Ghana (BoG).
Additionally, a roadmap is also needed for the US$219 million transferred from the Ghana Stabilization Fund to the Contingency Fund to deal with the coronavirus outbreak.
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Story by: Jessica Naa Borteley Quarshie | universnewsroom.com
