The Ghana Investment Promotion Centre (GIPC) has announced a major development in our forward march. Ghana, according to the GIPC, reported about $2.7 billion in investments last year. This is against the backdrop of agitations from the barking communicators and leadership of the leading opposition party, the National Democratic Congress, that Ghana is lean and hungry and that, because it is in debt, it is paralysed and doomed.
According to the GIPC, the trend has the potential to ignite the economy through generation of dozens of thousands of jobs, from the formal to the informal, with the ripple effects of economic expansion across the spectrum and across the districts and regions in the country.
There are too many indices that are pointing not only to Ghana’s rapid transformation, but also niche as Africa’s lead investment destination.
For those who are sincere in their assessment of Ghana’s economy and rate of development, and also care for Ghana’s forward march, any negative propaganda about figures that don’t reflect those standard indices easily get exposed.
That was why some reporter who got confused over how to relate debt portfolios to other indices ended up exposing himself, together with the nay-say propagandists who had been making noise since 2017 about debts, without relating that to productivity, economic vibrancy and resiliency.
To prove that Ghana is a credible country worth doing business in, we now, at least have the Ghana Investment Promotion Centre reporting that we have bagged a staggering $2.7bn in investment inflows. Now, if that is not development – with that figure set against previous records, particularly under John Dramani Mahama – what else can that picture portray?
Under a COVID-19 pandemic economy and the so-called debt situation, this picture easily defeats any argument that we are broke, insoluble, a ‘poor nation’ and without hope.
The record as revealed by the Centre points to a significant increase in number of jobs, businesses, addition of infrastructure, increase in tax volumes and improvement in lives and livelihoods.
The good news about the GIPC bonanza is that it occurred under a COVID-19 era when hope, globally, had dimmed.
We would also recall that the same message is contained in the current Fitch Solutions Report that has Ghana been acclaimed for steady economic performance.
With Ghana seeing 279 more projects that are expected to generate employment for our teeming skilled, semi-skilled and graduate youth, we must appreciate how far we have come and join hearts and minds in encouraging our leadership, instead of attacking and assailing them day and night without justifiable cause.
Particularly for the ruling party’s communication agents, this is good piece of news that needs propagating in our streets, on our markets and in neighbourhoods in keeping hope alive.
Desperate, the NDC has, since it lost the presidential elections, been looking for opportunities to fabricate stories and propaganda on which to lean on to 2024.
Unfortunately for the party, each time it sees a ‘molehill’ of a political slip, it imagines ‘mountains’ that eventually evaporate as it struggles to scale it by its propaganda.
Alternatively, it would cook up issues and begin to feed it to take root, though inside its own dens, it is threatened with the bare truth about their wobbly structures and waning fortunes into 2024.