President Nana Addo Dankwa Akufo-Addo has boldly stated that the ‘Ghana beyond Aid’ mantra is not just a slogan but meant to propel us into the frame of mind that would quicken our pace of development.

The President delivering a speech during the 61st Independence Day Celebrations at the Black Star Square, Tuesday, stated that Ghana is not a poor country but a country blessed with immense natural resources adding that Ghanaians must be selfless and take advantage of the country’s natural resources to help transform the economy.

According to him, a ‘Ghana beyond Aid’ will not be achieved by merely talking but with the right attitudes and commitment from citizens, doing the right things and the willingness from all to see the country prosper and develop.

“My fellow Ghanaians, ours is a country that is well endowed with many natural resources such as gold, bauxite, diamonds, oil, timber, cocoa, water, fertile land etc. The truth, however, is that the state of our nation does not bear out that we have these natural endowments. Poverty continues to be our lot. We have huge infrastructural deficits.

“Mismanagement, corruption and high fiscal deficits have become the hallmarks of our economy, which we finance through borrowing and foreign aid. It is time to pursue a path to prosperity and self-respect for our nation. A Ghana Beyond Aid is a prosperous and self-confident Ghana that is in charge of its economic destiny. It is not a pie in the sky notion, other countries, including some of our peers at independence have done exactly that. It is doable and we must believe that what others, with less resources, have done, we can do.

“We are not going to achieve the transformation in our economy which is necessary for a Ghana Beyond Aid by just talking about it. We have to DO something about it! As a start, we have to do things differently. Business as usual will not do it. It cannot happen by waving a magic wand. And it cannot be achieved overnight. Indeed, the most rapid cases of economic and social transformation in history, those in South East Asia, generally spanned a period of about 30 years; about a generation. We cannot wait that long; we have wasted enough time already. We have to hurry but we must be realistic.

“To get to a Ghana Beyond Aid, we will have to effectively harness our own resources and creatively and efficiently deploy them for rapid economic and social transformation. This will require hard work, enterprise, creativity, and a consistent fight against corruption in public life. It will also require that we break from a mentality of dependency and adopt a confident can-do spirit, fuelled by love for our dear country, Ghana. We cannot subordinate the common good to build a prosperous nation to the selfish interest of a few.

“Ghana Beyond Aid is meant to be more than a slogan. It is meant to propel us into the frame of mind that would quicken our pace of development. It is meant to change our mindset from one of dependency to one of achieving our destiny. It is meant to put us in charge of our own affairs and make us truly independent.”