COPOSIPI has urged the Ghanaian government to focus on the effective implementation of the 2025 budget to build public trust. They emphasize the importance of transparency in addressing challenges and criticize past budget failures that led to negative consequences such as financial instability. Sustainable growth that benefits both people and the environment is essential.
The Coalition of Parents of Students in Private Institutions (COPOSIPI) has urged the Ghanaian government to effectively implement the 2025 budget in light of the current goodwill from citizens. The group emphasizes that successful budget execution can foster trust and confidence among the populace, leading to national benefits.
Noting past failures in budget execution, COPOSIPI highlights negative consequences such as financial instability, diminished stakeholder trust, and unattained goals. Dr. Simon Gbene, Executive Secretary of COPOSIPI, stated that optimism surrounds this budget and stressed the importance of addressing challenges transparently, particularly in relation to revenue generation.
Dr. Gbene pointed out that as the nation operates under the International Monetary Fund (IMF) program, public transparency about IMF guidelines and restrictions is crucial. Furthermore, he warned against potentially misleading Gross Domestic Product (GDP) growth reports, referencing that past figures might not accurately reflect ground realities.
He criticized the previous administration for reporting a GDP growth rate around 5%, attributing it to harmful practices such as illegal mining that have detrimental effects on the environment and communities. Dr. Gbene firmly advocates for sustainable growth, arguing that development must benefit both people and the planet, rather than foster environmental degradation for limited gain.
The Coalition of Parents of Students in Private Institutions (COPOSIPI) calls for the successful implementation of the 2025 budget to gain public trust. Past budget failures have led to instability, and the organization stresses the need for transparency in addressing challenges. Furthermore, they advocate for sustainable growth, rejecting previous toxic growth practices that harm the environment.
Original Source: gna.org.gh
