{"id":134540,"date":"2023-12-23T18:10:44","date_gmt":"2023-12-23T18:10:44","guid":{"rendered":"https:\/\/www.ghanamma.com\/2023\/12\/23\/ndpc-finance-ministry-working-to-strengthen-development\/"},"modified":"2023-12-23T18:10:44","modified_gmt":"2023-12-23T18:10:44","slug":"ndpc-finance-ministry-working-to-strengthen-development","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2023\/12\/23\/ndpc-finance-ministry-working-to-strengthen-development\/","title":{"rendered":"\u201cNDPC, Finance Ministry Working To Strengthen Development\u201d"},"content":{"rendered":"<p><\/p>\n<div>\n<p>\u00a0<\/p>\n<p>Director General of the National Development Planning Commission, (NDPC), Kodjo Esseim Mensah-Abrampah has said the commission will formulate policy development plans which are in line with the country\u2019s budget.<\/p>\n<p>According to him over the years, most of the Commission\u2019s strategic development plans are not linked to the national budget making it difficult for its implementation.<\/p>\n<p>\u201cOur development plans will be linked to the national budget to seek execution and this will be done through working with the ministry\u201d.<\/p>\n<p>\u201d We are working together with the Ministry of Finance to ensure that the country\u2019s developmental initiative is implemented,\u201d he said.<\/p>\n<p>Dr. Mensah-Abrampah\u2019s comments were in reaction to many accusations against the Commission\u2019s ineffectiveness in ensuring the sustainability of government projects.<\/p>\n<p>Issues of government unwillingness to complete projects initiated by previous governments hence abandoning the project to the detriment of the taxpayers were also raised.<\/p>\n<p>He assured that with the coming into force of the new long-term development plan, project sustainability will be paramount to address the country\u2019s socio-economic and environmental challenges and create a better future for its citizens.<\/p>\n<p>He made this known at the two-day National Development Summit held in Accra.<\/p>\n<p>The summit brought together key stakeholders from the government agencies, civil society organizations, the private sector, and international partners in a collaborative and inclusive environment for dialogue and decision-making on national progress.<\/p>\n<p>Dr. Mensah-Abrampah also attributed the country\u2019s slow growth in development to recent global developments such as the COVID-19 pandemic and the Russia-Ukraine war which have had profound effects on the nation\u2019s economy, trade, and financial stability.<\/p>\n<p>\u201cThe Government of Ghana, therefore, had to approach and agree to a US$3 billion 36-month Extended Credit Facility Arrangement with the International Monetary Fund (IMF). This deal builds on the government\u2019s Post-COVID-19 Program for Economic Growth (PC-PEG) which aims to restore macroeconomic stability and debt sustainability and includes wide-ranging reforms to build resilience and lay the foundation for stronger and more inclusive growth\u201d.<\/p>\n<p>\u201d By implementing effective policies and reforms, Ghana aims to overcome current obstacles and achieve its long-term vision of socio-economic development, \u201d he stated.<\/p>\n<p>Dr. Mensah-Abrampah added that the\u00a0 National Development Summit is a critical platform for Ghana to address the challenges and shortcomings in its development agenda.<\/p>\n<p>He was hopeful of launching the\u00a0Long-Term National Development Perspective Framework\u00a0on the March 7, 2024.<\/p>\n<p><strong>BY Prince Fiifi Yorke<\/strong><\/p>\n<p><!-- AI CONTENT END 2 -->\n\t<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0 Director General of the National Development Planning Commission, (NDPC), Kodjo Esseim Mensah-Abrampah has said the commission will formulate policy development plans which are in line with the country\u2019s budget. According to him over the years, most of the Commission\u2019s strategic development plans are not linked to the national budget making it difficult for its [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":134541,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-134540","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>\u201cNDPC, Finance Ministry Working To Strengthen Development\u201d - 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\/2023\/12\/23\/ndpc-finance-ministry-working-to-strengthen-development\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u201cNDPC, Finance Ministry Working To Strengthen Development\u201d - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"\u00a0 Director General of the National Development Planning Commission, (NDPC), Kodjo Esseim Mensah-Abrampah has said the commission will formulate policy development plans which are in line with the country\u2019s budget. 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