Audio By Carbonatix
President Akufo-Addo says the current woes of the country’s economy are due to the economic disruptions in the past two years caused by the Covid-19 pandemic.
He said the fundamentals of the economy are strong such that even in hard times of the global economy in 2020, Ghana still recorded positive economic growth.
In an interview with Peter Okwoche of the BBC’s Focus on Africa show on Monday, he dismissed comparisons of Ghana’s economic figures with that of the western world.
“It has been a difficult task for all the economies in the world. I think it is important that when you are making a provocative statement, you situate yourself and you speak as if you are living at the same time as you and I when the world economy as a whole has gone through very difficult times.
"I can quote you a whole series of statistics about the American economy, the British economy but those things don’t serve a purpose. All that is being recognised is this phenomenon that is going around which would make life difficult, what are you doing to try correct it. That should be the view and that is what we are trying to do,” he said.
President Akufo-Addo said that despite the ravages of the Covid-19 pandemic and the Russia-Ukraine crisis on the Ghanaian economy, his government has introduced recovery measures to take Ghana out of the economic trench.
“The recovery programme that we have is one that is considered very credible and it is what is going to give us the opportunity to come out of this period a stronger economy and it is that future that we are looking at when we are attracting people,” he told the BBC.
Latest Stories
-
Alhassan Suhuyini makes Christmas donations to churches within Tamale North Constituency
3 hours -
Meet 81-year-old father of UCC Acting Vice-Chancellor, who recently graduated with an MBA
3 hours -
Did you know that Ken Ofori-Atta’s lawyer, Enayat Qasimi, is the ‘Ken Ofori-Atta of Afghanistan? – Kay Codjoe writes
4 hours -
Kidnap suspect arrested in Tamale as Police rescue victim after four days
4 hours -
Tema Oil Refinery resumes crude refining after years of shutdown
4 hours -
Kojo Antwi thrills fans with regal entry, marathon performance at ‘Antwified’ concert
4 hours -
Ofori Amponsah surprises KiDi at ‘Likor On The Beach’ 2025
5 hours -
Joy FM thanks sponsors, partners and patrons after spectacular 2025 Family Party-in-the-Park
5 hours -
‘Christmas babies’ and their mothers in Volta and Oti regions receive MTN hampers
5 hours -
One dead, another injured after accident at Atwedie
5 hours -
Maggi Waakye Summit draws thousands as Ghana’s biggest waakye festival returns
6 hours -
Western Regional Minister urges Ghanaians to use Christmas to deepen national cohesion
7 hours -
Thousands turn Aburi Gardens into a festive paradise at Joy FM’s Party in the Park
7 hours -
Source of GOLDBOD’s trading funds questioned amid reported $214m loss
7 hours -
Kind Hearted Beings Charity spreads joy during festive season
7 hours
