(3 Minutes Read)
Prof. Bokpin said the 24-hour Economy must have a rigorous monitoring mechanism inherent within the International Monetary Fund (IMF) Programme.
Professor Godfred Bokpin, an economist, underscored the need for the Government to embed robust Key Performance Indicators (KPIs) within the newly launched 24-Hour Economy initiative.
He said while the new policy signalled good intentions, without measurable targets and clear accountability, it risked replicating the fate of previous well-meaning but underperforming national development initiatives.
Speaking on a current affairs programme on the Media General platform and monitored by the Ghana News Agency, Prof. Bokpin said the 24-hour Economy must have a rigorous monitoring mechanism inherent within the International Monetary Fund (IMF) Programme.
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He highlighted the explicit data reporting that characterised the IMF programmes, as well as the weekly, monthly and quarterly reports from key institutions such as the Ministry of Finance and the Bank of Ghana to aid periodic analysis and measurability.
