COPOSIPI urges the Ghanaian government to effectively implement the 2025 budget to foster public trust and avoid past failures. Dr. Gbene emphasizes transparency and sustainability in economic growth, criticizing previous government practices that compromised environmental integrity.
The Coalition of Parents of Students in Private Institutions (COPOSIPI) has called upon the Ghanaian government to effectively implement the 2025 budget. They emphasized that successful execution can help cultivate trust and confidence among citizens, which would ultimately benefit the nation as a whole. The coalition expressed concern over previous budgets that were not fully executed, resulting in financial instability and loss of stakeholder confidence.
During an interview with the Ghana News Agency, Dr. Simon Gbene, Executive Secretary of COPOSIPI, highlighted the public’s optimism regarding the upcoming budget. He urged the government to focus on effective implementation and to be transparent about any challenges that arise, as well as the reasons behind them, especially concerning revenue generation obstacles.
Dr. Gbene pointed out that the country is currently operating under an International Monetary Fund (IMF) program, which necessitates accountability and transparency regarding any restrictions or guidelines imposed by the IMF. He also cautioned that Gross Domestic Product (GDP) growth indicators can be misleading, referencing the previous government’s reported GDP growth rate.
He criticized the prior administration’s growth claims, attributing them to detrimental practices such as illegal mining, which has harmed the environment and local communities. Dr. Gbene articulated a vision for sustainable development, stating, “We need sustainable growth that will benefit people and the planet, not toxic growth driven by galamsey, which devastates our environment and only few benefit.”
In summary, COPOSIPI advocates for the successful implementation of the 2025 budget to foster trust among Ghanaians and avert past mistakes that led to financial instability. Dr. Gbene’s calls for transparency and sustainable economic practices highlight the importance of accountability in governmental fiscal strategies, especially under IMF guidance. The coalition emphasizes the necessity of prioritizing environmental sustainability to ensure equitable economic growth for all.
Original Source: gna.org.gh