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| Hard Work Must Be Hallmark In 2007 |
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| Posted on: 2006-Dec-31 GNA |
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There is no doubt that God has been faithful to us as a nation and we have to be thankful to him as we enter into a new year at mid-night tomorrow.
Dr Paul Acquah, the Governor of the Bank of Ghana paints God’s faithfulness to the country better when he stated at a press conference a few days ago that "the year 2006 has been a good one for the national economy."
He said despite the shocks the country experienced as a result of high crude oil prices, the economy performed better and estimated the Gross Domestic Product (GDP) to be about 6.2 per cent with inflation converging towards a single digit.
When the crude oil price started soaring, some economic analysts speculated that it will hit the $100 mark. Although some officials went about saying on some radio stations that the government was prepared for it, we believe, it would have thrown the government budget out of gear. But, the crude oil prices stabilized to the relieve of all.
As we begin a new year we appeal to the managers of the economy to go the extra mile to improve on that achievement so that our economy can be put on a sound pedestal.
We also appeal to the revenue collecting agencies to widen the tax net to rope in many people into the tax regime. At the moment, it is only public and civil servants who pay their taxes religiously while most private sector workers dodge it.
It should also be possible for vehicles plying our highways to pay toll. We find it very difficult to understand why vehicles from Accra to Kumasi for instance do not pay anything.
We also want to thank God for the peace we are enjoying as a nation and we all have to be vigilant in order to sustain it.
As the nation celebrates its Golden Jubilee let us all resolve to work hard and eschew all negative tendencies like strike actions which hinders progress. We should try to solve our labour issues through negotiations and also respect our labour laws. It is only through hard work can we close the gap of development with countries like Malaysia with whom we got independence at the same time.
We also want to appeal to political parties yet to hold their congresses to elect their flagbearers to conduct their elections peacefully while advising politicians and media personnel not to do anything untoward to disturb the peace.
We believe sincerely that with hardwork and unity we can build on the modest achievement we have made this year to make our economy tick.
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