Skip to main content

Economy recovering faster – Akufo-Addo

 


President Nana Addo Dankwa Akufo-Addo has lauded the measures put in place by his government in putting the country’s economy back on the recovery track.

Despite showing promise in the period prior to the coronavirus, Ghana’s economy was hit by the global pandemic with the gains made receding drastically.

However, the president promised in March 2020 that his government cannot bring lives lost back but knows how to bring the economy back in one of the classical statements made by a head of state during the pandemic.

“We know how to bring the economy back to life. What we do not know is how to bring people back to life,” he stated on Saturday, March 28, 2020.

Addressing Muslims at the National Mosque Complex at Kanda on Tuesday, July 20, President Akufo-Addo stated that the economy is recovering at a faster rate than many countries across the world.

“Our country is making a faster economic recovery in comparison to many around the world with our economy expanding by 3.1 percent in the first quarter of 2021,” he said.

“In many economies around the world, due to the effects of Covid-19, governments are finding it difficult to attract the needed investment in the productive areas of their economies.”

He indicated that Ghana’s situation appears to be different.

“The investor community continues to cast a vote of confidence in our economy and several companies are making investments in our economy that will create jobs for the young people of our country.”

The fifth president of the Fourth Republic said the love of the country is still burning hot within him and he will do everything possible to get the youth job opportunities in the country.

“We are determined to pursue our agenda of job creation in order to give opportunities to our youths to nurture their talents for the development of our country.”

President Akufo-Addo also admonished all to adhere to the Covid-19 protocols to save Ghana from a potential third wave.


By Emmanuel Kwame Amoh



Comments

Popular posts from this blog

Atwima Nwabiagya North NPP:Assibey warned over premature campaign

A group in the ruling party calling itself G rass   root campaigners of NPP  in the  A twima  N wabiagya  N orth  Constituenc y has drawn the  attention  of the National, Regional and Constituency executives  to warn  the 2012 independent Parliamentary candidate  Lawyer Di cks on Osei Assibey to desist from campaigning and declaring his intentions to be the parliamentary candidate of Atwima Nwabiagya North Constituency in 2024  on the ticket of the NPP . According to the group, Lawyer Dickson Osei Assibey    on Saturday 1 st   May , 2021   me t  more than 85 Polling station executives and party faithfuls  to lunch his bid to contest for parliamentary primaries in 2023. This  was organized by the two Electoral Area coordinators in the area . In a letter signed by the President of the Grass root Campaigners Marfo Kwabena Sakyi , it said  campaigning for parliamentary candidate position can only be done twelve  months before general election  as clearly stated under  Article 12 of the par

COVID-19:FY 2020 supports Institutions and youth in Atwima Nwabiagya North

As part of social intervention measures to minimize the risk of Coronavirus(COVID-19), the aspiring Member of Parliament for Atwima Nwabiagya North Mr Frank Yeboah(FY 2020), has presented some items to institutions within the constituency. They are Barekese Market, Dabaa Hospital, Adankwame police, Wurapon Community Health Center, Abira Health Center, Adankwame youth, Asuofua Market, Atwima Koforidua Market, Koforidua youth, Barekese fufuo, Mount Sinai Hospital Koforidua, Akropong Police station, Akropong Health Center, Asuofua Health Center, Asuofua Police station, Barekese police station and Barkese Health Center. Presenting the items on behalf of the aspiring MP, leader of team FY  2020, Isaac Bonsu said the reason for making the donation to the institutions and the constituents as a whole is to help reduce the risk of transmission of the Coronavirus.  Team FY 2020 presented  items such as antiseptic liquid soap, Veronica buckets, tissue papers, hand sanitizers among othe

UniBank case referred to arbitration

The court however says the unibank case is not frivolous An Accra High Court has referred part of the case between the shareholders and the Receiver of uniBank for arbitration. The appointment of an arbitrator by the judge, Justice Jennifer Abena Dadzie, follows an application by the Receiver of the bank, Nii Amanor Dodoo, to dismiss the counterclaim of some of the shareholders of the bank to those he filed. However the court said unibank case is not frivolous. The Receiver, in his application, prayed the court to strike out the amended statement of defence and counterclaim of three of the shareholders. He said the pleadings by the defendants are an abuse of the court’s processes and attempt to delay the fair resolution of the dispute, which is “very simple as it involves recovery of sums of money which have been allegedly taken out of the accounts of uniBank, which is now in receivership.” The Receiver of defunct uniBank sued the founder of the bank, Dr Kwabena Duffuor and 16 othe