IES’s Kwakye attributes Ghana’s economic woes to refusal of policymakers to listen to experts

The Director of Research at the Institute of Economic Affairs (IEA) Dr John Kwakye has criticised policymakers in Ghana for not showing interest in the opinions of economic experts and think tanks.

He attributed Ghana’s current economic challenges to the refusal of the policymakers to listen and apply the views of the economic experts and think tanks.

“Our policymakers do not seem to be interested in the views of economic experts and think tanks,” Dr Kwakye tweeted.

He added “Their attitude is like, they can have their say and we will have our way. No wonder we find ourselves in economic doldrums.”

Dr Kwakye has called for the establishment of an independent parliamentary budget office after indicating that several developed countries including the United States and the United Kingdom have it.

“We are calling for the establishment of an independent parliamentary budget office, that’s what is normally called a fiscal council.

“In the US they have a conventional budget office. In the UK, they have an office of budget responsibility and others have the fiscal councils,” he said at another forum while addressing a group of Civil Society Organizations,

“The idea of a parliamentary budget office is that it is marked by independent professionals”, he stressed.

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