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Economy will continue to improve – Veep

October 4, 2014
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Economy will continue to improve – Veep
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The Vice President of Ghana, Kwesi Amissah-Arthur has expressed optimism that the country’s economy will continue  to improve in the next few months.

Speaking to Muslims in Takoradi  during the celebration of Eid-ul-Adha on Saturday, the Vice President admitted that the country’s economy has struggled this year, he stated that the government has put measures in place to improve it; some of which he says are beginning to produce positive results.

“During the past few months, the conditions in our economy have weakened, but we are making efforts to reverse the trends we are seeing,” he said.

[contextly_sidebar id=”Wut9i6WSRJXAZBvabS3VsVzXdJbMoP2s”]The cedi, after depreciating up 40% against major international trading currencies has, in recent weeks seen some stability and gained some ground.

This development according to Amissah-Arthur is indicative of the positive impact of government measures.

A three-year International Monetary Fund (IMF) programme is set to be rolled out in January 2015 following government’s negotiations with the IMF for a bailout aimed at restoring stability and growth in the economy.

The Vice President also called on Muslim youth not to “take the peace in the country for granted,” and to maintain the “prevailing religious tolerance and peaceful coexistence in the country.”

He advised them to shun indiscipline, criminality and immorality and to endeavour to live in peace, while remembering the lessons of sacrifice, obedience and love taught by Islam.

 

By: Edwin Kwakofi/citifmonline.com/Ghana

 

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