Government Will Return Economy To Higher Growth- Dr Bawumia Assures

Vice President, Dr Mahamudu Bawumia has assured the general public that the Akufo-Addo-led government is working round the clock to bring Ghana’s economy back on track.

Speaking at the Church of Pentecost’s National Development Conference 2023, he noted that the goal of government has always been to improve the living standards of Ghanaians.

Dr Bawumia blamed the Covid-19 outbreak and the Russia-Ukraine war for the country’s economic setbacks, stating that Ghana prior to the pandemic was one of the fastest-growing economies across the world.

He stated that the government, following the recent IMF programme, hopes to “bring relief to Ghanaians and return the economy to the high rate of growth that characterised the management of our economy, in the three years preceding the Covid-19 outbreak in 2020.”

“We are taking steps which are taming inflation and exchange rate depreciation and economic growth has also picked up.”

Dr Bawumia noted that government will continue to fund its policies aimed at the expansion and modernisation of the educational system, a systematic reform of the healthcare system, and the enhancement of agriculture productivity to guarantee the prospects of food security, among others.

“I continue to have faith in God to help turn the fortunes of our nation around, accompanied by appropriate policy, determination and hard work on our part. I urge all of you to have the same belief that the fortunes of Ghana under President of Akufo-Addo will be restored,” he added.