President Nana Akufo-Addo, has emphasised his government’s continued commitment to the prudent management of the economy to ensure it doesn’t slip back into the ‘mess’ it was in, when he came to power.
The President said that he was committed to ensuring that the habits and sins of the past managers of the country’s public finances were no longer visited on this or future generations.
Speaking at the 8th edition of the Ghana Economic Forum, organised in Accra on Monday, the President said his administration had over the past three years in office, been preoccupied with implementing policies that have since set the country on the path of prosperity and to the realisation of the broader vision of a Ghana Beyond Aid.
“The prudent economic policy interventions instituted by my administration have led to the country’s macroeconomic indices pointing in the right direction, hence it comes as no surprise therefore that today, Ghana is the leading recipient of foreign direct investment in West Africa,” the President said.
The President further said since 2017, the Ghanaian economy had been growing consistently above 7% and in the last two years, has been among the world’s fastest growing economies.
He also said his government’s good policy interventions and prudent management of the nation’s resources have helped in financing his flagship programmes such as the Free Senior High School, which is currently enrolling some 1.2 million pupils.
Buttressing the President, Dr Ernest Addison, Governor for the Central Bank, in his remarks said the Central Bank still remains committed to a sustained stabilised fiscal regime and public expenditure management, adding that the policy initiatives and their implementation have since been yielding the right results.
Source: Adomonline.com | Fuaad Dodoo