The governing New Patriotic Party (NPP) says the Ghanaian economy is rebounding from the ravages of COVID-19 and the Russia-Ukraine War.
The party said with the fast recovery of the economy, the hardship Ghanaians are facing will be relieved.
The party’s National Communications Director, Richard Ahiagbah who said this cited the continuous drop in inflation as the basis for his remarks.
Mr Ahiagbah was speaking at a media engagement to climax a three-day training programme for party communicators in the Savannah Region.
“The economy is bouncing back from the effects of Covid-19 and the Russia-Ukraine War.”
“Inflation is coming down very fast and with PFJ 2.0 food prices will come down significantly,” he assured.
Mr Ahiagbah added that “jobs are coming for the youth. The economy is getting ready to gainfully employ 200,000 youth in the agricultural sector.”
He thus urged the media to inform Ghanaians about the good works the government is doing in reviving the economy.
Already, President Akufo-Addo has predicted a reduction in the country’s inflation rate by the close of this year, 2023.
According to the president, measures are being put in place by the government to revive the economy and tame inflation.
President Akufo-Addo was speaking at a meeting with the Christian Council of Ghana at the Jubilee House when he made the remarks.
“The signs are becoming clearer and clearer, the very high rate of inflation that we suffered last year is coming down. By the end of this year, we will be looking at 26.7 per cent.”
“By the end of next year, we will bring it down to 15. We have to go down to the single digits,” he stated.
Ghana’s current inflation rate stands at 38.1 per cent as of September 2023.
Latest Stories
-
Samson’s Take: Arrogance of Power, Shameful Policing
6 hours -
Burnley score late to draw with Manchester United at Old Trafford
8 hours -
Bayer Leverkusen extend unbeaten run to 46 games after draw with Stuttgart
8 hours -
Chelsea come from two goals down to draw against Aston Villa
8 hours -
Andre Ayew scores in Le Havre’s 3-3 draw with PSG
8 hours -
GPL 2023/24: Kotoko draw with Medeama; Samartex go 7 points clear of Nations FC
9 hours -
Mahama cuts sod for construction of new multipurpose Jakpa palace in Damongo
9 hours -
NSS management assists Papao fire victims
9 hours -
EXPLAINER: Will dumsor end soon?
10 hours -
IMANI Africa takes on EC, accuses it of lying and publishing half truths
11 hours -
Manasseh Azure calls for investigation and prosecution of those responsible for GRA/SML contract
11 hours -
Kwesi Atuahene: Ghana’s health capital depends on HealthTech – Africa Center for Digital Transformation
12 hours -
13 signs your wife is planning on leaving you and you have no idea
12 hours -
IMANI Africa: Ghana’s EC’s dangerous and pathological conduct
12 hours -
If I speak there will be fire – Salah on Klopp row
13 hours