An Economist Prof Peter Quartey has said Ghana should be looking at 10-14 per cent growth rate in the economy if it is serious about transforming the lives of the people.
He added the growth must be seen in key sectors of the economy before its impact will be felt.
He was reacting to President John Mahama’s projection of a nine per cent growth rate in the year 2013.
Prof Quartey said the president is poised to achieve many of his targets because of the growth of the oil economy.
He said the country must not only be interested in growth but must also take into consideration the sectors in which the growth is recorded.
He noted the agricultural and manufacturing sectors are key in terms of development of the country and warned however that if the growth is not seen in these two key sectors of the economy it will be “jobless growth.”
Prof Quartey is targeting a ten per cent increase in growth rate.
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