WE KNOW HOW TO BRING BACK THE ECONOMY, I STAND BY MY WORDS – President Akufo-Addo Insists

Ghanaians have been reassured by President Nana Addo Dankwa Akufo-Addo that the economy will become stable soon.

For a while now, Ghana has had an unsteady economy that has made life challenging for the majority of Ghanaians. This economic upheaval has had an impact on a number of areas, including the price of food and fuel.

In a speech to Muslims during the 2023 Eid-al-Adha festival, Nana Akufo-Addo reportedly said that the country has started to experience some changes in the economy, and that this has been made possible by the Gold for Oil Program.

He added that Ghanaians would soon provide evidence of how hard his government is trying to get the economy back on its feet.

“I said at the height of the COVID-19 pandemic that we do not know how to bring back lives, but we know how to bring back an economy. I stand by those words. Insha Allah, we are working to restore the economy to full health, and, Insha Allah, we shall do so.

“The currency has seen some stability lately, and, through the Gold for Oil Programme, we have seen the stability in the prices of petroleum products as well, all of which are bringing inflation down. Things are getting better, and will get better, I can assure you. Things are getting better and will get better,”he said.

In his address, the president reminded Ghanaians of the policies they have successfully embarked on and how the economy has risen by 4.2%.

He stated: “We have continued to keep the lights on. We have continued to provide free SHS education. We have continued to ensure drone delivery of critical medicines to needy and remote communities. We have continued to keep the Zongo Development Fund. We have continued to build new roads and repair old ones. We have continued with our 1 -District-1 -Factory policy, and the Programme for Planting for Food and Jobs.

“It is this attitude and commitment by the Government that have enabled us to obtain an IMF programme in record time. As you can see, we are beginning to navigate the turbulence, with our economy growing by 4.2 percent in the first quarter of 2023.”