
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
-
Reform military budgeting process to reduce corruption risks – Dr Sowatey
4 minutes -
John Boadu backs Wontumi, urges party supporters to remain calm after conviction
6 minutes -
Foreign Affairs Minister welcomes Burundi President, AU officials for 2026 Accra health summit
7 minutes -
EduSpots selected among 31 organisations worldwide for FIFA Global Citizen Education Fund
18 minutes -
Ghana becomes first African country to sign accelerated patent grant deal with US
19 minutes -
Mahama, former presidents, other dignitaries to attend Apostle Kwadwo Safo’s funeral – Family confirms
24 minutes -
Ukrainian drones hit more sites of Russian online retailer Wildberries
28 minutes -
ECG announces planned power outages in five regions
28 minutes -
Contractors on $500m World Bank road projects will face sanctions for poor work – Agbodza
30 minutes -
Three killed, 11 injured in head-on collision at Ajumako Kokoben
31 minutes -
Korle-Klottey, Tema and Accra Metro lead HIV table in Greater Accra – AIDS Commission
1 hour -
Stonebwoy, Fameye, DopeNation and Akwaboah to headline Ghana for Gold concert in Scotland on August 1
1 hour -
NPP Ashanti Region clears 34 aspirants ahead of August 16 regional executive elections
2 hours -
GMet forecasts thunderstorms in northern Ghana as mist and fog affect southern areas
2 hours -
Three remanded over alleged lynching of man at Sabon Zongo in Kumasi
2 hours