The Vice President, Dr Mahamudu Bawumia has said government has started working on modalities to fix the economy.<\/p>\n
According to him, government is hopeful to turn things around with support from the private sector.<\/p>\n
\u201cThis is our sixth week in government but we have already started doing some things we believe are going to\u00a0 turn around this economy and all what we are doing is focusing on private enterprises, private investments and protecting the public purse making sure that we have value for money for what we do,\u201d he said.<\/p>\n
[contextly_sidebar id=”v8VKOXf1jKkxMWnFxSBjJj6AK8bGPiop”]The Vice President made the comment while addressing a delegation from the US Senate at the Flagstaff House on Saturday.<\/p>\n
Dr. Bawumia\u2019s remark comes on the back of President Akufo-Addo\u2019s first State of the Nation Address in Parliament last Tuesday in which he painted a gloomy picture of the country\u2019s economy.<\/p>\n
The President accused the previous government of \u201cballooning\u201d the country\u2019s debt stock to GHs122 billion, from GHs9.5 billion.<\/p>\n
Dr Bawumia further told the US delegation that government is committed to turning Ghana\u2019s fortunes around.<\/p>\n
\u201cSo we want to basically appeal to our friends in the United States [and] the government of the United States that we need to enhance our engagement to protect what Ghana has in the sub-region and we think that greater cooperation, especially in the spheres of economy, counter-terrorism, cyber security and so on will really enhance the peace and stability not only of Ghana and West Africa but the world as a whole,\u201d he added.<\/p>\n
–<\/p>\n
By: Godwin A. Allotey\/citifmonline.com\/Ghana
\nFollow @AlloteyGodwin<\/a>
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