Dr. George Domfeh, a Development Economist at the Institute for Economic Research and Policy Planning, evaluated President John Mahama’s economic reset agenda and reported a modest score of 45.5 percent during a press conference on May 7, 2025. He criticized the execution of the government’s ambitious policies, highlighting the lack of a concrete framework for the touted 24-Hour Economy initiative. Domfeh expressed concerns over job creation programs like “One Million Coders,” which lack necessary institutional support. He acknowledged achievements in reducing ministerial appointments but emphasized the need for broader scrutiny of government spending. While the government has scrapped unpopular taxes like the E-Levy, he cautioned this may have been a missed revenue opportunity. Domfeh noted delays in implementing policies to reduce import taxes on agricultural inputs, limiting their potential benefits. He urged clearer communication regarding the 24-Hour Economy and highlighted the slow progress on establishing the Accelerated Export Development Council. Additionally, he warned against lifting the ban on salvaged vehicles, stressing it could jeopardize investments in local car assembly. Domfeh concluded that true governance goes beyond fulfilling campaign promises; it requires meaningful actions that effectively address the nation’s needs and improve citizens’ lives.
SOURCE: Ghana Web