Alan Kyerematen, who resigned from the New Patriotic Party (NPP) last week and proclaimed his intention to compete as an independent candidate in the 2024 presidential election, claims that if he is elected, Ghana will process 60% of its raw materials.
According to him, the absence of value addition to Ghana’s raw resources is a fundamental cause in the country’s massive foreign exchange losses.
Value addition to raw materials will not only create jobs, but would also help Ghana’s economy by increasing foreign exchange.
Mr. Kyerematen, who served as Trade and Industry Minister under former President J.A. Kufuor from 2003 to 2007 and as President Akufo-Addo from 2017 to January 2023, stated this in a televised interview on Silver TV on Monday afternoon [October 2, 2023] as part of his campaign.
He stated that as an independent president, he would create an inclusive government that would benefit Ghana’s growth by drawing on the knowledge and experiences of people from many backgrounds who are not necessarily linked with a political party.
Mr. Kyerematen stated that there are many people who want to serve in a government that is not affiliated with any political party, emphasizing that because he is not running for president on the platform of any political party, he provides a neutral ground for all Ghanaians, both at home and abroad, to contribute to the country’s development.
In addressing some of his major political goals, the Movement for Change founder stated that his government would ensure the stability of Ghana’s currency, stating that without a stable currency, nothing could be done to turn the country’s economy around.
He also stated that he will work to reduce inflation and interest rates. Mr. Kyerematen also stated that his government intends to reduce Ghana’s debt.
