The presidential candidate of the New Patriotic Party (NPP), Dr. Mahamudu Bawumia, has committed to limiting the number of ministers to no more than 50 if he is elected as President of Ghana in the forthcoming elections.
During the NPP 2024 Manifesto Launch held in Takoradi on August 18, 2024, Dr. Bawumia articulated his intention to establish a more efficient governance framework, emphasizing the importance of reducing the number of state ministers.
He assured the public of his plans to implement economic strategies aimed at supporting Ghana’s recovering economy. Dr. Bawumia acknowledged the positive trajectory of Ghana’s economy but stressed the necessity of continuing policies that promote macroeconomic stability and enhance overall economic conditions.
Ladies and Gentlemen, we have experienced a major economic crisis and, with your support, weathered the storm. But we are not yet where we want to be. It is, therefore, very important to protect and expand our rebounding economy to attain and sustain macroeconomic stability with low inflation, low interest rates, exchange rate stability, and low budget deficits.
He stated that he intends to introduce policies aimed at promoting and enhancing the involvement of the private sector in the economy.
Enhancing the role of the private sector, along with fiscal and administrative decentralization, improving our systems, and the way our institutions function will lead to greater efficiency, cut waste, and ensure value for money in procurement.
The move towards private sector provision of many public services would create fiscal space of at least 3% of GDP annually (GH¢30 billion). This represents a major paradigm shift. Additionally, an efficient system of governance will require even fewer ministers. Therefore, I would have no more than 50 ministers.
He emphasized that the 2024 NPP Manifesto places a strong focus on the needs of the Ghanaian populace, particularly in terms of creating employment opportunities for the youth.