Government needs to build confidence in the people, in two key areas - By Hene Aku Kwapong

Over the past 15 years, the board of the BoG have been filled with political appointees and has gotten so bad that you currently have individuals without the requisite experience sitting on the board. [...] With a focus on accelerating exports and accelerating credit and capital into the private sector across the country, we may also consider scraping the BoG board, dividing the country into 3 or 4 logical economic growth hubs overseen by a board of governors, headed by the governor. [...] The NDPC itself needs to be made more of an implementation outfit, restructured, and find a Ghanaian with experience being a chief executive in the private sector, someone who has managed thousands of people and able to operationalize an organization willing to recruit the best of our people across the globe. [...] The objectives of these two organizations can be easily addressed by the National Service Scheme working with the private sector without the unnecessary additional costs and encumbrance on the private sector that creates the jobs for our youth. [...] The way you solve the Byzantine Generals problem is to agree on the rules, commit to transparency for all and establish consensus by focusing on the key guardrails to make sure we do not repeat this ever again.