Ghana’s economic crisis a problem of leadership – Dr. Hazel Berrard Amua

Ghana’s economic crisis a problem of leadership – Dr. Hazel Berrard Amua

The Chief Executive Officer (CEO) of Prudential Life Ghana, Dr. Hazel Berrard Amua, says the economic crisis Ghana is currently facing is a result of the unattainable visions set by persons at the helm of affairs.

According to her, this has led to the high importation of raw materials and consumables like rice, oil, poultry, and wheat, which seems fluff to the government.

Dr. Hazel Berrard Amua said the importation of such goods affects the sales of local produce and partially to be blamed for the present predicament

She remarked at the Economic Dialogue Series held by Metro TV under the theme ”Fixing the Ghana Cedi; Key to Sustainable Growth” on Tuesday in Accra.

Speaking during the event, Dr. Hazel Berrard Amua also indicated that the high demand for the US Dollar is a major contributing factor to the continuous decline of the Ghana Cedi.

The Metro TV Economic Dialogue Series diagnosed the root causes of Ghana’s chronic economic challenges and discussed the political and regulatory perspectives in managing Ghana’s economy.

It also recommended tough decisions that government and citizens must take and implement in the short and long term to spur Ghana’s economic transformation.

It featured the Founder and Executive Chairman of LVSafrica, Chief Alhassan Andani, Dr. Sam Ankrah (Senior Research Fellow, Institute of Chartered Economist, President of Africa Investment Group International), Joe Jackson (Director of Business Operations – Dallex Finance), Dr. Hazel Berrard Amuah (CEO Prudential Life Insurance Ghana), and Edward Kareweh (General Secretary, General Agricultural Workers Union (GAWU)),

Senior Economics Lecturer at the University of Ghana Business School (UGBS) Dr. Agyapomaa Gyeke-Dako, Dr. Joseph Obeng, Dr. Patrick O. Asuming, and Dr. Adu Owusu Sarkodie (Economics Lecturer, University of Ghana) were also on the panel.

By: Judith Maku Babisi | | Ghana

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