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| Nduom News |
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| In the News |
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| Nduom's Response to Atta mills' EAC |
| from Nduom Secretariat |
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| Thu, Apr 30th 2009 |
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 The establishment of a 10-member Economic Advisory Council (EAC) by President John E. A. Mills is a step in the right direction. The EAC reportedly is to give him advice on managing the impact of the current global and domestic economic crisis; and support him with suggestions on how to take advantage of opportunities. I find it reassuring that the EAC is supposed to work with existing institutions for economic policy formulation, development and implementation.
One important national institution strongly embedded in the Constitution that care must be taken that it is not marginalized is the National Development Planning Commission (NDPC). The orientation of the EAC is the economy while that of the NDPC is broader as it advices the President on national development.
Over the years, the NDPC and its predecessor development planning organizations, have prepared plans to guide the economic, industrial and social development of the country. They have been responsible for preparing Vision 2020, the GPRS (I & II) and the Kufuor Administration’s Long Term Development Strategy. It is important that some clarity is made to differentiate or link appropriately, the objectives of the EAC and the NDPC.
As a group, the membership of the EAC can be said to be credible and well-qualified for the assignment. Therefore, it is important that their collective value is not diminished by petty turf battles and disagreement.
The EAC to all intents and purposes may be considered an ad-hoc committee. I suggest that consideration should be given to making it a standing committee of government and not just an advisory body for President Mills. In this regard, Parliament must be asked to take up this matter to ensure that roles and responsibilities are well spelt out, and relationships with other advisory bodies well defined. Of course, the need to make the EAC a standing committee of government must be subjected to appropriate public scrutiny. I like the idea. But the EAC is not enough. Another step in these difficult times is to return to the convening of an annual National Economic Forum/Dialogue to pull all stakeholders together to reach consensus over economic direction.
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