Finance Minister, Ken Ofori-Atta, has stated that the government has made a significant progress with the ongoing International Monetary Fund Programme (DDEP) which is significant boost to the country’s recovery efforts.
According to him, the continuous progress will steer Ghana further away from the “slippery precipice” it recently faced.
Addressing the nation on the Domestic Debt Exchange Programme vis-à-vis the IMF programme, the Finance Minister said the momentum must be sustained.
“Our remarkable progress with the ongoing International Monetary Fund Programme is a significant boost to our recovery efforts. Continuous progress will steer us further away from the slippery precipice we recently faced. Therefore, the momentum must be sustained”.
Considering the importance of a sustained economic recovery backed by an approved IMF programme in the first quarter of 2023, Mr. Ofori-Atta said it is crucial for groups and individuals to consider the merit of the enhanced DDEP, as well as the need for economic stability; and sign up by tomorrow to make it a successful one.
He assured Ghanaians that the DDEP will bring stability, economic recovery and transformational growth.
He added that government is resolved to continue to undertake all necessary fiscal adjustments that would ensure that the sacrifices will pay off and the collective good is upheld.
“These are difficult times, no doubt, but if we hold on together, we can and we will emerge from this more resilient and more united than before. Then we shall, together, continue rebuilding our economy again; enable businesses to thrive again; and bring back hope and cheer to our homes again”, he added.
Latest Stories
-
Paris Olympic hopes hang in the balance as Ghana’s 4×100 relay team drops baton at World Relays
2 hours -
Western Regional House of Chiefs commends Bawumia for his humility and respect for traditional authorities
3 hours -
#JustTurned18: First-time voters critical to deciding 2024 presidential election
4 hours -
Video: EC lied that the cost per voter in 2020 was $7.7; it was $12.5 – Bright Simons
4 hours -
Former IGP passes on
4 hours -
Ejisu by-election: Kwadaso MP gave money to EC officials out of goodwill – Ahiagbah
5 hours -
Millennium City: Land owner breaks silence on fatal shooting of soldier
5 hours -
Photos of 2024 Aboakyer Festival
5 hours -
#JustTurned18: I now have an opportunity to use my thumb to bring someone into power – Excited prospective voters
6 hours -
OSP acted as a whistleblower transferring Cecilia Dapaah’s case to EOCO – Sammy Darko
6 hours -
IMF calls for tariff adjustment for energy sector cost recovery
6 hours -
Samson’s Take: Journalists, block the pretentious idiots
7 hours -
Real Madrid crowned LaLiga champions after Barcelona’s defeat at Girona
8 hours -
Daniel Otting Awuah elected SRC President of Ghana School of Law
9 hours -
Lawrence Ati-Zigi signs St. Gallen contract extension
9 hours