A blue economy is an economic system that seeks to conserve marine and freshwater environments while using them sustainably to develop economic growth and produce resources such as energy and food.
The World Bank defines the blue economy as the “sustainable use of ocean resources to benefit economies, livelihoods and ocean ecosystem health”.
Vice President Dr. Mahamudu Bawumia has stressed on the need to propel the country's blue economy.
Speaking at the University of Cape Coast’s 3rd Conference on Fisheries and Coastal Environment in Accra, Dr. Bawumia revealed: “The government has approved a loan of $150 million from the World Bank for the West Africa coastal area programme to stem the tide of coastal degradation occurring in our coastal areas.”
He stated that the loan would finance various initiatives, such as the development of sustainable fishing and aquaculture practices, blue tourism and other blue economic activities.
However, Kwesi Pratt wonders how the nation can handle a blue economy when we've not been able to manage other resources well.
"Our economy now has colour; the economy Bawumia is bringing is blue and so I decided to study and understand what the blue economy is . . . there's a common factor which is the ocean; the mobilization of the resources in the ocean. We've not been able to manage things well even with diamond, Lithium, Timber, rivers, gold, iron, and so on, and now we want to bring a blue economy . . . "
Listen to him in the video below
Source: Peacefmonline.com
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At 70 years, I expect Kwesi Pratt to exhibit more wisdom but surprisingly, he is a pale shadow of the wisdom class. His rabble rousing behaviour is primitive. Discerning people are watching, his mental faculties seems to be failing him.. Can Kwesi Pratt explain the source of his wealth? A socialist boasting of a TV station, Land cruisers and many more. His newspaper 'The Insight' is as worthless as toilet paper.. He is not worth publishing apart from sensationalism and fiction.
Mahama is going about talking about 24hr economy, whatever than means, Kwesi Pratt didn't think it is important to explain his paymaster's policy to Ghanaians, but to attack Dr Bawumia, if you don't understand 24hr economy, how can you understand blue economy? it is because we have not managed our gold well that is why it is important that we take a look at blue economy, all it means is the get well educated, well informed well rounded citizens to run the economy with so we will not sign the kind ot take or pat agreements your paymaster signed for us ever again.
Pratt is the most dangerous politician now,bitterness,envy and jealousy of NPP has consumed him to an extent that he talks about issues concerning NPP before reasoning,he's gradually loosing vital portion of his mental faculty because of NPP...he's now working hard for his paymasters,NDC...never again!
All those hitting hard at Kwasi Pratt are all hypocrites. What is wrong with what Mr. Pratt said? The resources we have have not been properly managed to our benefit and we are bringing on board another one. What at all has Bawumia promised that he has been able to deliver 100%? He claims he introduced Ghana Card, but as far as I know, Ghana card was introduce during the latter parts of the Kufuor Administration. I went through the registration in August 2008 but never received my card. I only managed to get my card in 2019, after 11 years. And still the acquisition of the Ghana Card is fraught with challenges. Let us learn to say things as they are and stop the hypocrisy. If you guys are describing Kwasi Pratt this way, then how would you describe Kwaku Baako? They are all supposed to be CPP members, right?
Akwasi Pratt is the most destructive and parasitic politician in the country now. His outmoded communist ideas have blocked his sense of reasoning. The Landcruiser he received from the late Atta Mills has shifted his stance as a journalist to a propagandist politician.
Superbb!!
KWASI PRATT HAS NOTHING GOOD TO OFFER. HE EVEN WANTED BAWUMIA TO LOSE THE PRIMARIES. HE IS NOT GOD AND CANNOT CHANGE THE COURSE OF TIME. NO PROPAGANDA CAN CHANGE WHAT GOD HAS ALREADY DETERMINED. BAWUMIA GO WIN OO!
oh uncle kwesi what is the problem, you could not do well so you must be ruled out of everything. what kind of thinking is now coming up. so JDM is also coming to do what since he failed the first and second time so his last coming is also of no use abi. but each must be given time over and over again so long as we are willing to do things differently to achieve results. your hate for others hmmmmmmmmm take it easy.
And so what! With all your talks, tell your Ghanaians your contribution to the development of the country.
The Ashanti’s say when the frog gets enough water he screams wooor( means over satisfied)….. kwasi pratt paaaa don’t u see that the man has more than enough water(stolen money) so he want to turn into a frog so that Ghanaians can hear him saying wooorrrrr ……u people are not smart at all