I’ll fix the economy to create jobs and bring down cost of living – Alan

Presidential hopeful Alan Kyerematen has assured Ghanaians of his unwavering commitment to fixing the ailing economy to create jobs and alleviate the high cost of living. Speaking to a group of journalists, the leader of the Movement for Change emphasized that his Great Transformational Plan (GTP) is the most comprehensive and realistic blueprint to revitalize Ghana’s economic fortunes.

Alan Kyerematen identified key areas of focus, including debt management, low competitive interest rates regime, exchange rate stabilization, and inflation control. “We are trapped in a cycle of unsustainable debt, high exchange rates and a weak cedi because of poor economic management. My GTP offers practical solutions to reverse this trend by ensuring competitive interest rates, driving an enterprise economy, and fixing revenue and expenditure systems,” he stated.

A critical part of his plan, Alan noted, involves modernizing Ghana’s trade systems, particularly through a fully paperless UNIPASS platform, while introducing innovative financing mechanisms for the cocoa industry and small and medium enterprises (SMEs). “SMEs are the lifeblood of any thriving economy. We will ensure that they receive the support they need to grow and create jobs,” he assured.

Addressing the unemployment crisis, Alan outlined his strategy to create jobs through ten strategic industrial sectors, a new agricultural revolution, and investments in tourism and IT. “We must empower the youth with jobs in innovative sectors. My GTP is designed to make Ghana the go-to destination for tourism and a leader in enterprise economy,” he explained.

Alan further criticized the current administration’s handling of the economy, arguing that Ghana’s challenges are not unique. “The Russian-Ukraine war and COVID-19 affected all countries, but why are our neighbors doing better? It is because their leaders have made the right choices, while we are stuck with weak fundamentals and an artificial economy prone to collapse,” he said.

The former Trade and Industry Minister also questioned why his opponents, former President John Dramani Mahama and Vice President Dr. Mahamudu Bawumia, have failed to make economic management the central theme of their campaigns. “If you cannot lead on the economy, what else can you offer? Fixing the economy is the most crucial challenge we face, yet they avoid it because they have no solutions,” he remarked.

Alan Kyerematen also highlighted the significance of his experience and competence, stating, “As Trade Minister, I delivered industrialization programs like One District, One Factory and Ghana Automotive Industry Development. I understand the enterprise economy better than anyone else, and I will ensure that Ghana becomes an economic powerhouse.”

With Ghanaians reeling from high inflation and rising living costs, Alan Kyerematen concluded with a passionate appeal: “Ghana deserves leadership with a clear vision and a proven track record. The economy needs fixing, and I am ready to do the job. Let us vote for real change and a brighter future.”