Ghana Urged To Overhaul Economic Model For Sustainability

- KPMG Partner has called for a radical overhaul
- Asare highlighted the global focus on sustainability
- KPMG pledged its support to these sector
KPMG Partner, Evans Asare, has called for a radical overhaul of Ghana’s economic model to ensure sustainable growth and development.
Speaking at the 2024 Ghana Economic Forum, Asare emphasized the need to integrate Environmental, Social, and Governance (ESG) principles into the country’s economic blueprint.
He argued that responsible management of Ghana’s natural resources can be a catalyst for inclusive economic growth.
Asare highlighted the increasing global focus on sustainability and its impact on investment trends.
He urged Ghana to address pressing challenges like public debt, economic diversification, and infrastructure development by revamping its economic strategy.
Key sectors identified for transformation include agriculture, energy, natural resources, and state-owned enterprises.
Asare proposed leveraging renewable energy, strengthening the agricultural value chain, and improving the efficiency of state-owned entities to build a resilient economy.
KPMG pledged its support to these sectors through advisory, tax, and audit services.
Asare concluded by emphasizing the need for collaboration between government, the private sector, and civil society to create a conducive environment for investment and innovation.