{"id":670330,"date":"2019-08-02T14:31:05","date_gmt":"2019-08-02T14:31:05","guid":{"rendered":"<br><div>\n\t\t<p><strong>President Akufo-Addo shaking hands with Alamine Ousm ane Mey (2nd right), African Caucus First Vice Chairman while Taher Jehaimi looks on. Picture by Gifty Ama Lawson<\/strong><\/p>\n<p>The President, Nana Addo Dankwa Akufo-Addo, yeste"},"modified":"2019-08-02T14:31:05","modified_gmt":"2019-08-02T14:31:05","slug":"aid-cant-develop-africa-akufo-addo","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2019\/08\/02\/aid-cant-develop-africa-akufo-addo\/","title":{"rendered":"Aid Can\u2019t Develop Africa -Akufo-Addo"},"content":{"rendered":"<p><\/p>\n<div>\n<p><strong>President Akufo-Addo shaking hands with Alamine Ousm ane Mey (2nd right), African Caucus First Vice Chairman while Taher Jehaimi looks on. Picture by Gifty Ama Lawson<\/strong><\/p>\n<p>The President, Nana Addo Dankwa Akufo-Addo, yesterday wowed guests at the ongoing 2019 African Caucus Meeting (ACM) of Finance Ministers and Governors of various Central Banks when he said foreign aid cannot develop the African continent.<\/p>\n<p>During the opening ceremony in Accra, President Akufo-Addo said, \u201cSince assuming office in Ghana two and a half years ago, I\u2019ve been advocating and working for a \u2018Ghana Beyond Aid\u2019 because nobody needs to spell it out to us that the economic transformation we desire will not come through aid.\u201d<\/p>\n<p>\u201cWe have been on that trajectory and it has not happened; we are told there is aid fatigue. Even if there was no aid fatigue and we\u2019re the best in the world \u2026 there will never be enough aid to develop Ghana, let alone Africa to the level we want. The tax payers of the aid givers have a right to decide how their tax money is spent,\u201d he added.<\/p>\n<p>The two-day conference, which is under the theme: \u201cAfrica Beyond Aid; enhancing institutional capacity and innovative finance for sustainable growth\u201d, is expected to strengthen the voice of African Governors with the World Bank and the International Monetary Fund (IMF) and other Bretton Woods Institutions on development issues of particular interest to Africa.<\/p>\n<p>President Akufo-Addo, therefore, charged the various Finance Ministers and Governors of Central Banks to chart a path that would lead to progress and prosperity and the need to follow the broad roadmap set out by the Africa Union (AU) in its Agenda 2063, which is Africa\u2019s blueprint and master plan for transforming Africa into the global powerhouse of the future.<\/p>\n<p>He stressed the need for Africa to exploit the immense resources \u201cto provide a dignified, decent standard of living for the mass of her people.\u201d<\/p>\n<p>\u201cThis is a rationale for the recent strategic partnership we have forged under my leadership with our neighbour, Cote d\u2019 Ivoire under the leadership of Alassane Quattara to defend the collective interest of our cocoa farmers and collaborate in the development of our economies,\u201d he stated.<\/p>\n<p>\u201cWe have to harness effectively our own resources and deploy them creatively and efficiently for rapid economic and social transformation\u2026we need a lot of resources to generate the prosperity we want in Africa,\u201d he stressed.<\/p>\n<p><strong>By Charles Takyi-Boadu, Presidential Correspondent<\/strong><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>President Akufo-Addo shaking hands with Alamine Ousm ane Mey (2nd right), African Caucus First Vice Chairman while Taher Jehaimi looks on. Picture by Gifty Ama Lawson The President, Nana Addo Dankwa Akufo-Addo, yesterday wowed guests at the ongoing 2019 African Caucus Meeting (ACM) of Finance Ministers and Governors of various Central Banks when he said [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":670332,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-670330","post","type-post","status-publish","format-standard","has-post-thumbnail","category-politics"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Aid Can\u2019t Develop Africa -Akufo-Addo - 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\/2019\/08\/02\/aid-cant-develop-africa-akufo-addo\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Aid Can\u2019t Develop Africa -Akufo-Addo - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"President Akufo-Addo shaking hands with Alamine Ousm ane Mey (2nd right), African Caucus First Vice Chairman while Taher Jehaimi looks on. 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