Audio By Carbonatix
The President John Mahama has touted his achievement in managing the economy as positive and is challenging the youth of the country to take advantage of the many opportunities available to create jobs.
Citing some key economic indicators to back his case, the president noted the economy has been resilient in spite of the global economic downturn.
Speaking at a Congregation ceremony of the University of Professional Studies (UPSA) in Accra Saturday, President Mahama said the current economy provides enormous economic opportunities that the youth could take advantage of.
"Our quest to build the economy into a resilient one and to diversify it into an export driven one, our results shows that we are on course. Considering the headwinds the world economy is facing, Ghana's economy is showing significant signs of resilience," the President said.
He added that the main indicators are pointing in the right direction and creating a better environment for business competitiveness.
"The currency is stable, the fiscal deficit is dropping, inflation is slowing and due to the new public debt strategy, our debt to Gross Domestic Product (GDP) has declined significantly," President Mahama added.
President Mahama said the growth in the real-production- sector has seen a growth in the agriculture and industry sectors.
"Indeed the fastest growing sector of our economy today is the services sector which overtook agriculture as the largest contributor to GDP in 2010," he added.
He advised graduands that the knowledge that they have acquired is to open up opportunities to bring their qualifications to bear on national so they are able to contribute their quota to national growth.
Graduands were urged to think outside the box and to look for opportunities for entrepreneurship where they can put their learning to practical use and seek to be an employer and not an employee.
Latest Stories
-
AFCON: Morocco releases Senegal fans after sentences served
2 hours -
Ghana Athletics president expresses concern over readiness for African Athletics Championships
2 hours -
Dreams FC edge Medeama to set up MTN FA Cup final against Nations FC
2 hours -
‘Let’s be measured in our expectations’ — Sannie Daara on Queiroz appointment
2 hours -
‘Let’s give him our full support’ – Sannie Daara calls on Ghanaians to back Queiroz
2 hours -
UHAS launches groundbreaking research to combat neonatal infections
3 hours -
7m agribusiness actors demand affordability connectivity
3 hours -
EPA CEO Prof Nana Ama Browne Klutse elected Global President of NDC Professionals Forum sweeping 91% of votes
3 hours -
Unregulated development threatens Akosombo, Kpong Dams — VRA warns
3 hours -
Sunyani West records 70 new cases of elephantiasis, hydrocele
3 hours -
8 fake National Security operatives arrested for alleged robbery of miners in Assin Awisam
3 hours -
After 30 years, we couldn’t remain mining contractors — Ibrahim Mahama on Damang Mine takeover
4 hours -
Photos: Vice President Prof Opoku-Agyemang represents Ghana at 4th “In Defence of Democracy” Summit in Barcelona
4 hours -
I didn’t just wake to take over Damang Mine, Gold Fields gave me the offer — Ibrahim Mahama
4 hours -
Ibrahim Mahama thanks Akufo-Addo for his role in securing Damang Mine takeover
4 hours