Ghana is making a paradigm shift to a knowledge driven economy - Bawumia

Vice President Dr Mahamudu Bawumia says Ghana is making a paradigm shift from over reliance on natural resources for socio-economic development to a stage where knowledge is fundamentally driving the global economy. 

“Thus, nations seeking rapid socio-economic advancement rely on a knowledge-based, rather than a resource-based approach to develop and as such Ghana cannot afford to do anything different”

In this vain, he indicated that government would continue to invest national resources in the development of Ghanaians through policies and programmes that would build the required knowledge needed for the growth of the economy.

Dr Bawumia was speaking as the Guest of Honour at the 141st Speech and prize-giving Day celebration of the Mfantsipim School in Cape Coast on Saturday.

The anniversary celebration which was on the theme: “Delivering Quality Secondary Education in Ghana:a paradigm shift,” brought together people from all walks of life including; eminent old boys, present students and staff, parents and other distinguished personalities from across the country.

The Vice President said the Free SHS policy, restoration of nursing and teacher training allowances, national ID Cards and a National Digital Property Addressing system were deliberate programmes and policies being implemented by the government to make Ghana a buoyant knowledge driven economy.

“If you look at the World today, it is a world dominated by knowledge, it is a knowledge driven global economy. It is not about resources, it is not about gold, diamond, cocoa or oil. It is fundamentally about knowledge” he stated. 

Speaking on the theme, the Guest Speaker for the occasion, Robert Fakor Davlo, Turtle Management Director for Commercial Business Development asked government to make the implementation of the free SHS flexible such that other significant stakeholders could genuinely come in to support.

This, he said was necessary to ensure that the aim of the policy to increase access to quality education and to significantly impact national development becomes a reality.