Change Location & Date

GHANA COMMITS TO UNDERTAKE ITS SECOND-GENERATION REVIEW

APRM

Car description

News

The downgrades of countries due to the COVID-19 calls into question the procyclical approach of rating agencies – an approach in which bad news is simply piled on bad news, an on-going criticism against rating downgrades during crisis periods. 

Join us tomorrow.

International Credit Rating Agencies have been criticised for being aggressive and unfair against African countries, is the criticism justified?

🚨We are just a day away from the launch.
set your calendar reminders. Its happening tomorrow 29 Oct at 10:30am CAT.

Register here:https://zoom.us/webinar/register/WN_D9R6xDK3TqGbsE6VTP1dCw

Load More...

 

GHANA COMMITS TO UNDERTAKE ITS SECOND-GENERATION REVIEW

 

 

 

PUBLISHED BY: APRMPOSTED: 29-07-2019

Accra, Ghana, 22 July 2019 – The African Peer Review Mechanism (APRM) brought together Government officials, representatives of National Governing Councils, National Secretariats and development partners from seven countries to advance the Mechanism’s core values of experience sharing and peer learning during the Regional workshop held in Accra, Ghana.In his opening remarks, Most Reverend Emmanuel Asante, the Interim Chairperson the National APRM Governing Council warmly welcomed the participants and expressed his gratitude to the Continental Secretariat for organising this important event in Ghana. According to the Chairperson, Ghana played a pioneering role in the grounding of the Mechanism on the continent. Most Reverend Asante said the findings of the first APRM Report inspired many reforms and led to many achievements. He concluded in assuring the Continental Secretariat of the Council’s commitment in ensuring that the investment made in the APRM Ghana yields the expected dividends for the country and the continent.According to Prof. Eddy Maloka, the Chief Executive Officer of the APRM Continental Secretariat, following Ghana’s courageous decision, some countries committed to the review process. In the sixteen years since its inception, the APRM has registered significant progress, with its member states increasing from 6 at the outset to 38 at present, with Botswana and The Gambia acceding at the 28th APR Forum of Heads of State and Government held on 09 February 2019, in Addis Ababa, Ethiopia. He further emphasised that despite the APRM’s encouragement of member states to regularly subject themselves to APRM reviews, only three countries – Kenya, Uganda and recently Mozambique – of all member states that underwent the base review, have undertaken their second-generation review. Prof Maloka urged the APRM to rise to the challenge of the sentiment of poor undertaking of the second-generation review.Prof. Ibrahim Gambari, the Chairperson of the APR Panel of Eminent persons, insisted that the APRM process, which is a clear manifestation of the will of the people of Africa for good governance, requires consistent engagement of leadership for its proper unfolding. In this regard, he commended His Excellency Nana Akufo-Addo, the President of the Republic of Ghana for his unflinching commitment to the APRM.

After extending her warm welcome to all guests on behalf of the Government of Ghana, Her Excellency Hon. Shirley Ayorkor Botchwey, Minister for Foreign Affairs and Regional Integration of Ghana, expressed her gratitude to the Continental Secretariat for choosing Ghana to host the regional workshop and commended Kenya, Uganda and Mozambique for leading the second-generation review process. She reaffirmed the commitment of the Government of Ghana and added that ‘13 years after the first review, Ghana is committed and passionate to undertake its second review’. She further emphasised that although the APRM was applauded by others international institutions as a unique governance initiative, some countries have lost interest in the Mechanism. The Regional experience sharing and sensitisation workshop on second generation review is a therefore an opportunity for the Mechanism to gain momentum.

 

 


For inquiries please contact: Liziwe Selana (Head of Communications APRM)
[email protected]

Default Equipment

  • Press Releases
  • Phone:

  • Email:

  • Pick Up:

    none

    10/28/2020

    12:00 AM

  • Drop Off:

    none

    10/29/2020

    12:00 AM

Change Location & Date
css.php