Dr Mohammed Amin Adam, Minister for Finance says that availability of high quality and timely data is a major enabler for developing countries to leapfrog and called on governments and development partners to scale up investment in data for accelerated development.<\/p>\n\n\n\n
\u201cI will<\/a> like to use this occasion, to call on policy makers to prioritise investments in data systems as that is the way to go if we have to fast-track our development ambitions,\u201d he said. <\/a><\/p>\n\n\n\n In addition to the above, he noted that it was equally important to establish robust data governance frameworks to ensure quality and security, promote open data policies to enhance transparency and accountability.<\/p>\n\n\n\n Ghana\u2019s Minister for Finance was speaking at a World Bank Partnership Roundtable: \u201cThe Power of Data \u2013 Unlocking the Data Dividend\u201d at the margins of the 2024 IMF-WB Spring Meetings in Washington DC.<\/p>\n\n\n\n The programme brought together policy makers, development partners, and practitioners to discuss and promote the development and use of data.<\/p>\n\n\n\n He reiterated that, quality and timely data were \u201ckey raw material\u201d for development, essential for addressing developmental challenges such as climate change, emergency response, poverty, inequality, health care, education, descent jobs, debt sustainability, macroeconomic stabilisation, growth, and good governance.<\/p>\n\n\n\n