Politics of Tuesday, 13 February 2024

Source: classfmonline.com

Replace Economic Management Team with Development Management Team - Prof Addo

Prof Kwame Henaku Addo Prof Kwame Henaku Addo

A development architect, Prof Kwame Henaku Addo, is advocating substituting the Economic Management Team (EMT) with a Development Management Team (DMT) to drive genuine economic growth effectively.

He says focusing on development planning rather than mere economic management is crucial for steering the economy's growth.

Highlighting the historical connection, Prof Addo pointed out that the Ministry of Finance was previously recognised as the Ministry of Finance and Economic Planning.

During an interview with Odehyeeba Kofi Essuman on Ghana Yensom morning at Accra 100.5 FM on Monday, February 12, 2024, he stressed the importance of development management and planning for substantial economic progress.

The professor, known for contributing to the design of the National Democratic Congress's (NDC) logo and the Accra International Conference Centre, expressed his support for replacing EMT with DMT.

He firmly believed that real growth is rooted in development management planning and economic management.

Prof Addo, aspiring to be former President John Dramani Mahama's running mate in the 2024 general elections, highlighted the wisdom behind the National Development Planning Commission, as recognised by the NDC.

He added that it is the reason the NDC came out with the 40-year development plan to guide the country's development.

He argued that development planning, not just economic management, is the key to providing tangible opportunities for the youth, potentially stemming the exodus of young people seeking better prospects abroad due to perceived economic uncertainties.