Ghana’s Finance Minister, Dr. Mohammed Amin Adam, emphasized the pivotal role of quality and timely data in accelerating development for developing nations.
At a World Bank Partnership Roundtable in Washington DC, he urged governments and development partners to prioritize investments in data systems.
Highlighting the significance of robust data governance frameworks and open data policies, he stressed their role in addressing critical developmental challenges.
“I will 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,” he said.
Dr. Adam called for increased collaboration and investment to narrow the global gap in high-quality data generation, crucial for supporting developmental efforts.
“As we forge ahead, it is critical that we remain committed to leveraging the power of data to address pressing challenges, drive innovation, and create a better future for all. Together, with a clear vision and a strong commitment to data-driven policymaking, we can chart a path towards prosperity and resilience for generations to come.
“The strides made by the Ghanaian government, in collaboration with development partners and international organizations, underscore a collective commitment to harnessing the power of data for the betterment of society,” he emphasized.
Dr Amin Adam, therefore, called for more investment and collaboration to harness the power of data and to close the big gap both globally and at the country level in timely generation of high-quality data to support developmental efforts.