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Tag Archives: Economy

We’re taking unorthodox steps to solve economic mess – President

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The President, Nana Addo Dankwa Akufo-Addo has stated that due to the ‘desperate’economic conditions that persist in the country, his government has had to make several unconventional decisions to address those challenges. According to him, despite his general knowledge of the country’s economic predicament prior to becoming president, he was still taken aback by the severity of existing challenges. Speaking ...

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Abandoning sole-sourcing will ‘cripple’ Akufo-Addo’s gov’t – Avedzi

James Avedzi

The Deputy Minority Leader, James Kludze Avedzi has urged caution on government’s decision to totally forgo the use of sole-sourcing in the award of government contracts. The New Patriotic Party (NPP) administration accused the Mahama administration of having a voracious appetite for sole sourcing of contracts which were inflated at times. The NPP argued that, sole sourcing allowed corruption, and ...

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Africa must join forces for economic independence – Bawumia

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Vice President, Dr. Mahamudu Bawumia, has challenged African countries to strive for economic independence. Speaking at the opening ceremony of the African Diaspora Homecoming Conference today [Tuesday], Dr. Bawumia said there should be a more conscious effort between Africans and the diaspora community for development. He said Africa should look at countries such as Japan and China which have evolved ...

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We’re working on modalities to fix economy – Bawumia          

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The Vice President, Dr Mahamudu Bawumia has said government has started working on modalities to fix the economy. According to him, government is hopeful to turn things around with support from the private sector. “This is our sixth week in government but we have already started doing some things we believe are going to  turn around this economy and all ...

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Nana Addo only trying to impress Ghanaians – Fifi Kwetey

fifi kwetey

A former Deputy Finance Minister under the previous National Democratic Congress (NDC) government, Fifi Kwetey, has said that President Akufo-Addo is unaware of the realities existing in some sectors of the economy; for which reason he is creating the impression that the difficulties can be easily resolved. He said Akufo-Addo’s comments during the State of the Nation Address suggests that, some ...

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Ghana’s economy not ‘broke’ – Ablakwa

Samuel Okudzeto Ablakwa

The Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa, has dismissed President Nana Akufo-Addo’s suggestion that the Mahama-led administration left Ghana’s economy in crisis. President Akufo-Addo, in his first State of the Nation address, said his administration did not inherit a stable economy from the erstwhile Mahama-led government. The President revealed that government missed all the targets set for the country ...

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Economy won’t collapse under my watch – Nana Addo

President Nana Akufo-Addo

President Nana Akufo-Addo has stated that he will not allow Ghana’s economy to collapse under his watch, despite inheriting a challenging economy from the previous National Democratic Congress (NDC) administration. He gave the assurance while making some revelations on the state of Ghana’s economy during his maiden State of the Nation Address to Parliament. State of economy The President revealed ...

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2017 Budget will focus on reviving ailing economy – Nana Addo

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President Nana Akufo-Addo has assured Ghanaians that the first budget presentation of his government will contain policies and initiatives aimed at putting the ailing economy back on track. Nana Addo said this when he addressed the Ghanaian community resident in Banjul, The Gambia on Saturday, after attending the inauguration ceremony of President Adama Barrow. According to the President, the stringent ...

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Ghana’s economy heavily in debt – Osafo Maafo

Osafo Maafo

President Akufo-Addo’s Senior Minister nominee, Yaw Osafo-Maafo, has described Ghana’s economy as one that is heavily in debt. According to him, the situation can  be rescued by Nana Akufo-Addo’s government which will block all leakages of the country’s sources. He made the remark after he was nominated by the President at the Flagstaff House on Tuesday. He was among 12 others ...

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Independent prosecutor will fight corruption efficiently – Nana Addo

Nana-Addo

President-elect Nana Akufo-Addo, has reiterated the point that his incoming administration will establish an independent prosecutor’s office to deal with corruption in his administration. Nana Akufo-Addo contends that, an office devoid of political influence will assist in arresting the issues of corruption that have plagued Ghana. In an interview with the BBC, the President-elect said such a move would also allay ...

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