Audio By Carbonatix
The Deputy Minister of Finance, Mrs. Abena Osei-Asare has stated that government's prudent management of Ghana's economy in the midst of global crisis has shown tenacity to return the country onto the path of rapid growth and development.
“The government has demonstrated that in bad times, the best policies, programmes and character will keep the economy stable and going.
"It has demonstrated its relentless caring virtue through numerous social interventions with determined focus and firm leadership to bring development to all regardless of one's location."
Government, she indicated, had picked up the economy strongly and warmly rallied the collective efforts of all to win the December election as the Party launched its manifesto for election 2020.
The event was held on the theme "Leadership of service, protecting our progress, transforming Ghana for all".
Mrs. Osei-Asare who is also the Member of Parliament for Atiwa East said within a period of three years, the government has essentially stabilised Ghana's economy through fiscal consolidation and micro-prudency.
"We have moved growth to an average of 7 percent over the period, reduced inflation from 15.4 to 7.9, $2 billion of trade balance, and systematically and diligently exited International Monetary Fund (IMF) programme."
She said the government on realizing the fragility of the financial system, completely restructured it with a much stronger and more robust financial system.
On youth in agriculture to feed the nation, Mr. Sammy Awuku, the National Organizer of the Party said government was committed to investing in the agricultural sector to create jobs and make the nation self-reliant in food production.
In that regard, he announced that government had secured $37million from the African Development Bank (ADB) for commercial farming activities in the Savannah and Northern Regions.
To encourage and support the local poultry industry and meat processing, government had succeeded in supporting three farms including; Darko farms, Asamoah, and Yamoah farms in Ashanti Region and Anglo farm in Cape Coast in the Central Region.
Through its flagship programme to revolutionize the agric sector, the government introduced planting for Food and Jobs (PFJ) leading to increased farmer participation of 202,000 in 2017 to 1.2 million in 2019.
That according to him, resulted in yields of maize, rice, and soybean increasing by 131 percent,59 percent, and 69 percent respectively in three years.
Latest Stories
-
The evidence before High Court continues to expose weakness of the Republic’s case against Wontumi
1 minute -
I recommended Haruna and Muntaka for ministerial roles — Asiedu Nketia
36 minutes -
The Cost of Macroeconomic Stabilization: An Analysis of the Bank ofGhana’s 2025 Financial Deficit
45 minutes -
Haruna Iddrisu takes a subtle jibe at Asiedu Nketia’s ‘Thank You Tour’
54 minutes -
GSA, PTB donate 50 calibrated weighing scales to Techiman traders on World Metrology Day
1 hour -
US says temporary visa holders should leave to apply for Green Cards
2 hours -
Asiedu Nketia pledges stronger welfare support for former NDC executives
2 hours -
NDC parliamentary leadership reshuffle secured 2024 election victory – Asiedua Nketiah
3 hours -
Agbodza visits Adaklu-Helekpe mudslide victims, warns of more danger around mountain
3 hours -
TTAG urge government’s urgent action on recruitment and postings
3 hours -
World Vision Ghana brings joy to Wa West children with mass birthday celebration
3 hours -
Health Ministry announces mop-up exercise for validation and posting of health professionals
3 hours -
GoldBod wins community backing for responsible mining support program in Ashanti Region
3 hours -
Xenophobic attack: Why announce evacuation without preparation? – Minority caucus questions gov’t
4 hours -
Government failed Ghanaians in South Africa — Minority slams evacuation delay
4 hours