Former President of the Association of Ghana Industries (AGI), Dr Prince Kofi Kludjeson has faulted Parliament for the prevailing economic slump.
Dr. Kludjeson says he doesn't fault the President.
"As far as I might be concerned, I don't fault the President, I fault Parliament. Our Parliament, 275 youthful splendid individuals in Parliament should guarantee or pass regulations that will help Ghana, not governmental issues or political decision," he said.
Talking on JoyNews' AM Show on Tuesday, Dr. Kludjeson deplored that the nation doesn't have practical value regulations.
He said passing a value regulation that gives a higher level of offers in key foundations to the state might have produced more than the $3 billion bailout the nation is looking for from the International Monetary Fund (IMF).
"Ghana, you don't have value regulations which say that you know, GNPC 7 or 9 percent of our gold, our oil. Indeed, even the state doesn't have it. We really want to have a value regulation that expresses that to have the option to carry on with work in this country, the proprietor is qualified for 30%. Every one of these IMF issues we're discussing are just 3 billion bucks. However at that point you see distributions that gold has gotten 6.6 billion bucks and Ghana has 5 or 6 percent value in it. You will stay put," he made sense of.
Addressing government's One Locale, One Manufacturing plant (1D1F) approach, Dr. Kludjeson placed that a large number of the processing plants don't fabricate their own items. He claimed that they have contracted different businesses to deliver them.
As per him, to benefit massively from the approach, colleges inside the networks where the processing plants are found ought to be sharpened to convey understudies to work in those production lines.
Dr. Kludjeson has additionally suggested that the production lines despite the fact that may not be returning the ideal benefits at present, shouldn't be "dropped" and "we shouldn't run them down," saying that it doesn't need colossal amounts of cash to deal with those processing plants.
As per him, putting resources into "innovation and information" in dealing with the said plants would be an honorable beginning stage.