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President Akufo-Addo assures swift economic recovery, reaffirms Gov’t’s commitments

2 years ago
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President Akufo-Addo assures swift economic recovery, reaffirms Gov’t’s commitments

Accompanied by unwavering determination, President Nana Addo Dankwa Akufo-Addo has once again reaffirmed his commitment to the full recovery of Ghana’s economy.

Speaking at the Black Star Square during the Eid-ul Adha celebrations, the President assured thousands of attendees that the government was tirelessly working to restore the nation’s economic health.

“At the height of the Covid-19 pandemic, I stated that while we may not know how to bring back lives, we do know how to bring back an economy. I stand by those words,” President Akufo-Addo affirmed. “Insha Allah, we are dedicated to reviving our economy and will undoubtedly achieve this goal.”

In his address, the President acknowledged the gradual recovery witnessed after the initial disbursement of funds from the International Monetary Fund (IMF) facility. This notable progress further bolstered his confidence in the nation’s economic resurgence.

Highlighting the government’s unwavering dedication to implementing effective policies, President Akufo-Addo expressed his optimism regarding the future. “As evident from our recent endeavors, we are successfully navigating through turbulent times, with a commendable 4.2 percent growth in the first quarter of 2023,” he proclaimed.

Moreover, the President drew attention to the recent stability in Ghana’s currency and the Gold for Oil Programme, which has ensured steadiness in petroleum product prices. These factors, he contended, are contributing to the reduction of inflation and fostering an environment primed for further improvements.

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With a resolute tone, President Akufo-Addo assured the nation that things were not only improving but would continue on an upward trajectory. “Things are getting better, and will get better,” he declared with confidence.

While President Akufo-Addo’s assurances reflect a firm commitment to Ghana’s economic recovery, it remains crucial to monitor the progress of the nation’s economic indicators and the implementation of the government’s policies. As the country navigates the path to economic stability, both citizens and international observers will be keenly watching for tangible signs of progress and sustainable growth.

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