{"id":466287,"date":"2011-07-22T16:29:28","date_gmt":"2011-07-22T16:29:28","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/07\/22\/economic-model-of-world-bank-others-never-worked-for-us-%e2%80%93-otumfuo\/"},"modified":"2011-07-22T16:29:28","modified_gmt":"2011-07-22T16:29:28","slug":"economic-model-of-world-bank-others-never-worked-for-us-otumfuo","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/07\/22\/economic-model-of-world-bank-others-never-worked-for-us-otumfuo\/","title":{"rendered":"Economic model of World Bank, others never worked for us \u2013 Otumfuo"},"content":{"rendered":"<div readability=\"84.0080789946\">\n<p>You Are Here: <a href=\"http:\/\/www.ghanabusinessnews.com\">Home<\/a> \u00bb <a href=\"http:\/\/www.ghanabusinessnews.com\/category\/general-news\/\" title=\"View all posts in General News\" rel=\"category tag\">General News<\/a>, <a href=\"http:\/\/www.ghanabusinessnews.com\/category\/lead-story\/\" title=\"View all posts in Lead Story\" rel=\"category tag\">Lead Story<\/a> \u00bb Economic model of World Bank, others never worked for us \u2013 Otumfuo<\/p>\n<div>\n<p><span>Page last updated at Friday, July 22, 2011 16:16 PM \/\/ <\/span><\/div>\n<div readability=\"7\"><a href=\"http:\/\/www.ghanabusinessnews.com\/wp-content\/uploads\/2011\/07\/Otumfour.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-64985\" title=\"Otumfuo\" src=\"http:\/\/www.ghanabusinessnews.com\/wp-content\/uploads\/2011\/07\/Otumfour.jpg\" alt=\"\" width=\"248\" height=\"210\" \/><\/a><\/p>\n<p>Otumfuo(left) holds talk with EAC Secretary General PHOTO CREDIT: EAC<\/p>\n<\/div>\n<p>The Asantehene, Otumfuo Osei Tutu II says most of the economic models of international finance institutions which African countries depend on for help, have never worked for the people on the continent.<\/p>\n<p>According to the Asantehene, economies of most African countries are still tied to the Western countries because many produce raw materials without any value addition.<\/p>\n<p>\u201cThe economic model of the world economic institutions never worked for us,\u201d Otumfuo Osei Tutu II told Ambassador Dr. Richard Sezibera, Secretary General of the East African Community (EAC) when both held talks at the EAC Secretariat in Arusha, Tanzania on July 15, 2011, the body says.<\/p>\n<p>According to EAC, Otumfuo and his eight-man retinue, who were on an official visit to Tanzania at the invitation of retired President Benjamin Mkapa, were accompanied by Mkapa himself and Arusha Regional Commissioner Hon. Isidori Shirima when they visited the secretariat.<\/p>\n<p>He therefore implored the partner states to strengthen the economic bloc as one of the strategies to reduce dependence on the World Bank and other international finance institutions.<\/p>\n<p>The Asantehene, therefore challenged the EAC officials to ensure the bloc delivered to the expectations of its 130 million citizens and urged them to bring unity in the region.<\/p>\n<p>\u201cI urge you to implement your plans and bring this unity to fruition,\u201d he said.<\/p>\n<p>On his part Ambassador Sezibera, said he foresaw a prosperous future for the bloc and affirmed the belief that the Community would not suffer disintegration as was the case in 1977 adding \u201cthe region was on course to realize its ultimate destiny of a political union as planned.\u201d<\/p>\n<p>Ambassador Sezibera said intra-regional trade had risen by over 50 per cent in the last five years, an indication of the growing economic links in the bloc of five member countries; Tanzania, Uganda, Kenya, Burundi and Rwanda.<\/p>\n<p>By Ekow Quandzie<\/p>\n<h4>Comments<\/h4>\n<\/div>\n<p>Link:<br \/>\n<a target=\"_blank\" href=\"http:\/\/www.ghanabusinessnews.com\/2011\/07\/22\/economic-model-of-world-bank-others-never-worked-for-us-\u2013-otumfuo\/\" title=\"Economic model of World Bank, others never worked for us \u2013 Otumfuo\" rel=\"noopener noreferrer\">Economic model of World Bank, others never worked for us \u2013 Otumfuo<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> You Are Here: Home \u00bb General News , Lead Story \u00bb Economic model of World Bank, others never worked for us \u2013 Otumfuo Page last updated at Friday, July 22, 2011 16:16 PM \/\/ Otumfuo(left) holds talk with EAC Secretary General PHOTO CREDIT: EAC The Asantehene, Otumfuo Osei Tutu II says most of the economic models of international finance institutions which African countries depend on for help, have never worked for the people on the continent. According to the Asantehene, economies of most African countries are still tied to the Western countries because many produce raw materials without any value addition. \u201cThe economic model of the world economic institutions never worked for us,\u201d Otumfuo Osei Tutu II told Ambassador Dr. <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-466287","post","type-post","status-publish","format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Economic model of World Bank, others never worked for us \u2013 Otumfuo - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/07\/22\/economic-model-of-world-bank-others-never-worked-for-us-otumfuo\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Economic model of World Bank, others never worked for us \u2013 Otumfuo - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"You Are Here: Home \u00bb General News , Lead Story \u00bb Economic model of World Bank, others never worked for us \u2013 Otumfuo Page last updated at Friday, July 22, 2011 16:16 PM \/\/ Otumfuo(left) holds talk with EAC Secretary General PHOTO CREDIT: EAC The Asantehene, Otumfuo Osei Tutu II says most of the economic models of international finance institutions which African countries depend on for help, have never worked for the people on the continent. According to the Asantehene, economies of most African countries are still tied to the Western countries because many produce raw materials without any value addition. \u201cThe economic model of the world economic institutions never worked for us,\u201d Otumfuo Osei Tutu II told Ambassador Dr.\" \/>\n<meta name=\"twitter:image\" content=\"http:\/\/www.ghanabusinessnews.com\/wp-content\/uploads\/2011\/07\/Otumfour.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/07\/22\/economic-model-of-world-bank-others-never-worked-for-us-otumfuo\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/07\/22\/economic-model-of-world-bank-others-never-worked-for-us-otumfuo\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Economic model of World Bank, others never worked for us \u2013 Otumfuo\",\"datePublished\":\"2011-07-22T16:29:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/07\/22\/economic-model-of-world-bank-others-never-worked-for-us-otumfuo\/\"},\"wordCount\":361,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/07\/22\/economic-model-of-world-bank-others-never-worked-for-us-otumfuo\/#primaryimage\"},\"thumbnailUrl\":\"http:\/\/www.ghanabusinessnews.com\/wp-content\/uploads\/2011\/07\/Otumfour.jpg\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/07\/22\/economic-model-of-world-bank-others-never-worked-for-us-otumfuo\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/07\/22\/economic-model-of-world-bank-others-never-worked-for-us-otumfuo\/\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/07\/22\/economic-model-of-world-bank-others-never-worked-for-us-otumfuo\/\",\"name\":\"Economic model of World Bank, others never worked for us \u2013 Otumfuo - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/07\/22\/economic-model-of-world-bank-others-never-worked-for-us-otumfuo\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/07\/22\/economic-model-of-world-bank-others-never-worked-for-us-otumfuo\/#primaryimage\"},\"thumbnailUrl\":\"http:\/\/www.ghanabusinessnews.com\/wp-content\/uploads\/2011\/07\/Otumfour.jpg\",\"datePublished\":\"2011-07-22T16:29:28+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/07\/22\/economic-model-of-world-bank-others-never-worked-for-us-otumfuo\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/07\/22\/economic-model-of-world-bank-others-never-worked-for-us-otumfuo\/#primaryimage\",\"url\":\"http:\/\/www.ghanabusinessnews.com\/wp-content\/uploads\/2011\/07\/Otumfour.jpg\",\"contentUrl\":\"http:\/\/www.ghanabusinessnews.com\/wp-content\/uploads\/2011\/07\/Otumfour.jpg\"},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Economic model of World Bank, others never worked for us \u2013 Otumfuo - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2011\/07\/22\/economic-model-of-world-bank-others-never-worked-for-us-otumfuo\/","twitter_card":"summary_large_image","twitter_title":"Economic model of World Bank, others never worked for us \u2013 Otumfuo - Ghanamma.com","twitter_description":"You Are Here: Home \u00bb General News , Lead Story \u00bb Economic model of World Bank, others never worked for us \u2013 Otumfuo Page last updated at Friday, July 22, 2011 16:16 PM \/\/ Otumfuo(left) holds talk with EAC Secretary General PHOTO CREDIT: EAC The Asantehene, Otumfuo Osei Tutu II says most of the economic models of international finance institutions which African countries depend on for help, have never worked for the people on the continent. 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