Vice President Mahamudu Bawumia has said as the chairman of the economic management team, he had no powers to take decisions.
“I was, thankfully, appointed as Chairman of the Economic Management Team (EMT). As a sub-committee to Cabinet, we do not have any decision-making powers”, he said on Wednesday, 7 January 2024 when he presented his vision to the nation as flagbearer of the governing New Patriotic Party.
Dr Bawumia said as the head of the EMT, he could only advise the president's Cabinet.
“I am very proud of the quality of advice we have been providing over the years to Cabinet”.
Nonetheless, he said: “I was asked by the President to assist in solving some of the problems that were inhibiting the transformation of Ghana’s economy”.
“My approach was to help formalise the economy through digitalisation as stated in our 2016 manifesto. This is why my office has had oversight responsibility for many of the government’s digitalisation projects”, he explained.
Dr Bawumia believes “We can only build a vibrant modern nation if we have strong systems and institutions that work”, pointing out: “Very soon, Artificial Intelligence (AI) will transform the world, how are we preparing Ghana for this new phenomenon?”
He outlined how Ghana is using digitalisation to transform the economy and “preparing our society to be competitive as Africa is busily becoming the largest single market in the world, with its 1.4 billion people”.