Former MP advocates for economic independence over foreign aid 

By Kodjo Adams  

Accra, April 4, GNA – Mr. Kofi Amoatey, Former Member of Parliament for Yilo Krobo, has urged authorities to focus on achieving economic independence rather than relying on development partners for financial assistance. 

 Speaking in Accra at the launch of a book titled “Ghana Shall Be Free Indeed,” authored by Reverend Dr. James Amanquah, he said there was the need for policies to utilize Ghana’s natural resources for self-reliance, 

“After independence, we had a lot of industries, but now most of these industries are no more because of mismanagement.  

“We are blessed with a fertile land, yet the country imports tomatoes, rice, and almost everything, depreciating our local currency,” he stated. 

 The 132-page book, featuring chapters such as “Who is Killing Ghana,” “A Critical Look at Ghana’s Economy,” “Brief History and Performance of Various Governments,” “Education in Ghana,” and “Agriculture in Ghana,” offers an analysis of the country’s development trajectory.  

Mr. Amoatey raised concerns over Ghana’s reliance on the International Monetary Fund for assistance and urged authorities to restructure the country’s economic policies. 

 He noted that Ghana, once the leading producer of cocoa, has been overtaken by Côte d’Ivoire due to poor leadership.  

 Mr. Amoatey emphasized the need to adopt indigenous knowledge to ensure economic sustainability.  

He described Ghana as being at a crossroads, requiring urgent attention to avert further economic decline.  

 “We need to aspire to place Ghana by being patriotic, devoid of political inclination,” he stated. 

 He also called for a curriculum centred on Ghana’s values, science, and technology to drive the necessary change and development. 

Dr. Amanquah said he was motivated to write the book out of passion for Ghana, describing it as a new conversation about the nation’s development and economic independence through technology.  

He said that adopting the book’s content could transform Ghana from an underdeveloped to a developed country. 

GNA 

KAS