The Finance Minister-designate, Ken Ofori-Atta, has said that the Ghana Cares “Obaatan pa” programme will rebound and grow the country’s economy to up to 5%.

He said government is rolling out recovery plans to salvage the economy from the adverse economic effects of the coronavirus pandemic.

Responding to questions at Parliament's Appointments Committee Thursday, the Minister said the ¢100 billion investment into the economy is meant to revitalize the economy.

Mr Ofori-Atta said it is meant to provide the necessary support to business that have been dealt a blow by the global pandemic.

“Amidst a historic global recession, Ghana’s economy has shown resilience and robustness, outperforming its peers.

"Ghana Cares programme’s implementation will see growth rebound to 5% and that is why we are confident that we will emerge from the Covid-19 pandemic with a stronger and more resilient economy,” he said.

The Ghana Cares is a ¢100 billion post-Covid programme initiated by government to stabilise, revitalize and transform Ghana’s economy and to create jobs and prosperity for Ghanaians over a three-year period.

The programme is sequenced in two phases; the stabilization phase and the medium-term revitalisation phase.

This the Finance Minister nominee noted that the investment is by far the boldest and biggest economic recovery programme in the country’s history which will enable us to turn the challenges created by the Covid-19 into opportunities for socio-economic transformation.