Accra, Dec. 4, -The Institute of
Economic Affairs (IEA), reputed as Ghana’s first public policy think-tank, has
been awarded ‘The High Commissioner’s Special Recognition for Best Think-Tank
in Ghana’.
The award was presented at the
prestigious maiden UK-Ghana Chamber of Commerce Business Excellence Awards
Ceremony in Accra on December 2, 2017.
Mr Iain Walker, the British High
Commissioner to Ghana, presented the award to Mrs Jean Mensa, the Executive
Director of the IEA.
The award recognized the IEA for
being a think-tank that has made important contributions to improving the
landscape for enterprise and entrepreneurship in the region.
In a statement released and
copied to the Ghana News Agency, the Institute said it believed that the creation
of an environment in which economic, social, political and legal institutions
function openly and freely was the key to attainment of sustainable economic
growth and human development.
“Engendering private sector-led
economic growth and strengthening the pillars of democracy with our ultimate
mission being to promote good governance, democracy and a free market economy
in Ghana, and Africa as a whole,” it said.
The IEA stated that its main
objective was to broaden the debate on public policy.
According to the IEA, its
evidence-based research, backed by persistent advocacy, has resulted in several
key reforms that have helped consolidate Ghana’s democracy and promoted
sustainable economic development.
The IEA highlighted its role in
getting The Petroleum Transparency and Accountability (P-TRAC) Index to be
implemented and applied in Ghana as one of its most savoured achievement.
“With the advent of oil and gas
in Ghana, the IEA has undertaken significant research and advocacy so as to promote
good governance in the sector through transparent, accountable and efficient
management of revenues. Research in this area concentrated on developing and
applying an index for tracking transparency and accountability in the oil and
gas sector. This index, The Petroleum Transparency and Accountability (P-TRAC)
Index, has been applied to Ghana,” it added.
The Institute named The Serious
Fraud Office Act, 1993 (Act 466), the Repeal of the Criminal Libel and Sedition
Laws, 2001, The Whistle-blower Act, 2006 (Act 720) and The Presidential
(Transition) Act, 2012 (Act 845) reforms as the other highpoints of the
Institute.
The IEA said it would continue to
conduct evidence-based research on wide ranging issues and highlights concrete
recommendations for reform.
Since its foundation in 1989, The
IEA has been recognised for its significant contribution to shaping and
influencing public policy in Ghana and the sub-region using evidence-based
research and advocacy.
The UK-Ghana Chamber of Commerce
(UKGCC) engaged the services of Nielsen Corporation-a credible global marketing
research firm to assist in ascertaining the businesses and organisations best
deserving of their corresponding awards.
Amongst other winners were
multinational companies like Unilever, Vodafone, and Barclays.
GNA
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