{"id":444719,"date":"2017-12-07T17:10:58","date_gmt":"2017-12-07T17:10:58","guid":{"rendered":"https:\/\/ghana-mma.com\/2017\/12\/07\/ghana-beyond-aid-doesnt-mean-we-will-snub-assistance-ken-ofori-atta\/"},"modified":"2017-12-07T17:10:58","modified_gmt":"2017-12-07T17:10:58","slug":"ghana-beyond-aid-doesnt-mean-we-will-snub-assistance-ken-ofori-atta","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2017\/12\/07\/ghana-beyond-aid-doesnt-mean-we-will-snub-assistance-ken-ofori-atta\/","title":{"rendered":"Ghana beyond aid doesn\u2019t mean we will snub assistance \u2013 Ken Ofori-Atta"},"content":{"rendered":"<p><\/p>\n<div id=\"medsection1\">\n<!-- End of html generated by this->header() --><\/p>\n<p class=\"floatLeft\">Business News of Thursday,  7 December 2017<\/p>\n<p class=\"floatRight\"><strong>Source: <\/strong>Myjoyonline.com <\/p>\n<p>2017-12-07<\/p>\n<div class=\"article-left\">\n<p class=\"article-image\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/ghanamma.com\/wp-content\/uploads\/2017\/11\/73383983.295.jpg\" alt=\"Ken Ofori Atta 2018 1\" title=\"Ken Ofori Atta 2018 1\" width=\"295\" height=\"160\" \/><span class=\"image_caption\"><span>Ken Ofori-Atta, Finance Minister<\/span><\/span><\/p>\n<div class=\"noPrint\">\n<div id=\"537626303\" style=\"width:300;height:250;margin:0;padding:0\">\n<p>\t\t  <noscript><iframe loading=\"lazy\" id=\"b2ad7fa7fd\" name=\"b2ad7fa7fd\" src=\"http:\/\/ghanaweb-d.openx.net\/w\/1.0\/afr?auid=537626303&amp;cb=151125817929577\" frameborder=\"0\" scrolling=\"no\" width=\"300\" height=\"250\"><a href=\"\/\/ghanaweb-d.openx.net\/w\/1.0\/rc?cs=b2ad7fa7fd&amp;cb=151125817929577\"><\/p>\n<p>\t\t  <img decoding=\"async\" src=\"https:\/\/ghanamma.com\/wp-content\/uploads\/2017\/12\/1512666658_667_ai\" border=\"0\" alt=\"\" \/><\/a><\/iframe><\/noscript><\/p><\/div>\n<\/p><\/div>\n<\/div>\n<p style=\"clear:right\"> Finance Minister Ken Ofori-Atta says the government will not reject international assistance because of the \u2018Ghana beyond aid\u2019 policy strategy.<\/p>\n<p>He said development assistance will continue to be welcomed but it has to be in line with the country\u2019s development agenda.<\/p>\n<p>Addressing the 3rd Aliu Mahama Memorial Lecture held at the National Theatre Thursday, he said the aim of the new policy direction is to \u201cshrink [foreign assistance] to its logical conclusion.\u201d<\/p>\n<p>\u201cAid is one form of external influence\u2026[so] we are going to be more strategic,\u201d he told the gathering.<\/p>\n<p>President Nana Addo Dankwa Akufo-Addo has set the agenda to wean Ghana off foreign aid through robust revenue mobilization and fiscal discipline.<\/p>\n<p>The president last month told an audience in London that, \u201cwe no longer want to offer the justification for those who want to be rude and abusive to Africa and her peoples.\u201d<\/p>\n<p>Some political critics have laughed off the new policy direction, saying Ghana will not be able to extricate itself from donor handouts.<\/p>\n<p>But speaking on the theme \u2018Transforming Ghana beyond Aid: How we will get there\u2019, the Finance Minister said the government will revamp all the sectors of the economy to build a \u201cfully fledged middle-income country.\u201d<\/p>\n<p>This will be done by harnessing Ghana\u2019s resources to drive industrialization, Mr Ofori-Atta said.<\/p>\n<p>\u201cLeveraging Ghana\u2019s resources requires focused strategies,\u201d he said, drawing an analogy from Moses&#8217; encounter with the burning bush in the Bible when his staff turned into a snake.<\/p>\n<p>The Finance Minister also announced plans to build an integrated aluminium industry by establishing an Aluminium Authority to oversee the industry.<\/p>\n<p>\u201cThe naysayers are many\u2026the doubts were ingrained in us even at the height of the colonial era,\u201d he said, adding the government will strive to reposition Ghana in the comity of nations.<\/p>\n<p>There are also plans to strengthen the banking industry to ensure that it is one of the best performing sectors in the country.<\/p>\n<p>\u201cOur banking sector needs to grow up\u2026we want to see our banks talking to each other,\u201d the Finance Minister said.<\/p>\n<p><!-- uploaded by: 33 updated by: 33 --><\/p>\n<p><!-- Start of html generated by this->footer() -->\n<\/div>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a style=\"display:none\" rel=\"follow\" href=\"http:\/\/megatheme.ir\/\" title=\"\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633\">\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Business News of Thursday, 7 December 2017 Source: Myjoyonline.com 2017-12-07 Ken Ofori-Atta, Finance Minister Finance Minister Ken Ofori-Atta says the government will not reject international assistance because of the \u2018Ghana beyond aid\u2019 policy strategy. He said development assistance will continue to be welcomed but it has to be in line with the country\u2019s development agenda. [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":437553,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-444719","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ghana beyond aid doesn\u2019t mean we will snub assistance \u2013 Ken Ofori-Atta - 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\/2017\/12\/07\/ghana-beyond-aid-doesnt-mean-we-will-snub-assistance-ken-ofori-atta\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Ghana beyond aid doesn\u2019t mean we will snub assistance \u2013 Ken Ofori-Atta - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"Business News of Thursday, 7 December 2017 Source: Myjoyonline.com 2017-12-07 Ken Ofori-Atta, Finance Minister Finance Minister Ken Ofori-Atta says the government will not reject international assistance because of the \u2018Ghana beyond aid\u2019 policy strategy. He said development assistance will continue to be welcomed but it has to be in line with the country\u2019s development agenda. 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