Posted: Friday 16th May 2014 at 16:36 pm

AGI to independently monitor implementation of ‘Senchi Consensus’


The Association of Ghana Industries (AGI) has hinted of its intentions to independently monitor the implementation of the various agreements reached at the National Economic Forum, which ended Thursday.

The monitoring, it said, is to ensure that the policies proposed by the team of experts at the forum are fully implemented to the benefit of the private sector and the manufacturing public in particular.

The three-day event, which was opened on May 13 by President John Mahama, ended Thursday with a set of policy proposals that have been dubbed ‘The Senchi Consensus.’

The proposals border on ensuring macroeconomic stability, creating an enabling environment for businesses to thrive, growing the export base of the country as well as limiting government borrowing from the Bank of Ghana.

They were read by Mr Patrick Awauh, the Chief Rapporteur of the event and founder of the Ashesi University.

Speaking to Graphiconline at Senchi, near Akosombo in the Eastern Region where the forum was held, the President of the AGI, Mr James Asare-Adjei and the Chief Executive Officer, Mr Seth Twum-Akwaboah, said the Association was generally impressed with the various consensus reached at the event.

“The fact that it is a consensus means that we all should put our heads together to ensure that the policies that have been proposed are implemented so that the challenges facing the country can be resolved,” Mr Asare-Adjei, who doubles as CEO of the Asadtek Group, said.

While describing the decision to establish a post-forum action plan to implement the policies captured at the forum as welcoming, the CEO said AGI as a private sector body would also monitor to ensure that what has been agreed upon is really carried through.

That, he said, stemmed from the desire of industry to see the various policies that government had spent resources and time to formulate, implemented.

A detailed version of the agreed consensus is expected in the coming weeks after which a team of experts would be constituted to start the implementation process.

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