[ 2017-11-09 ]
Economic policies paying off - Prez
President Nana Addo-Dankwa Akufo-Addo has pledged
the government’s unswerving determination to
maintain fiscal discipline to sustain the economy
on the path of growth.
This comes as its prudent economic policies over
the past 10 months are paying off.
Inflation is now down from 17 per cent to 12.12
per cent. The economy is also growing at 7.6 per
cent, with the deficit now standing at 6.3 per
President Akufo-Addo said these had been achieved
through efficient management of the economy and
well-thought out policies.
He indicated that there was now significant
improvement over the previous year’s
macro-economic statistics, and gave the assurance
that they were focused on transforming the economy
- to boost investor confidence, create jobs and
wealth for the people.
He was addressing a meeting of the National House
of Chiefs (NHC) in Kumasi.
President Akufo-Addo said corruption was being
tackled with the seriousness it deserved to allow
for effective utilization of state resources.
“Government is counting on all well-meaning
Ghanaians, including our traditional authorities
to join in the campaign to stem corrupt practices,
which have been the bane of the nation’s economy”,
Corruption, he said, tended to stifle development
initiatives and growth of any society and should
be fought on all fronts.
The President spoke of the priority, it was
focusing on agriculture and industrialization and
said the two sectors remained critical to the job
creation agenda of the government.
He hinted that the next budget to be read by the
Finance Minister on November 15, would highlight
measures to grow the sectors.
President Nana Akufo-Addo urged the chiefs to
forge strong partnership with the government to
realize the national development goals.
“We are conscious of the invaluable role and
contribution of traditional rulers in our
development agenda, and as such my government
intends to make them an integral part of our
activities to promote the interest of the
He added that issues concerning illegal
small-scale mining, protection of the nation’s
cultural heritage and environment, enforcement of
the law and ensuring discipline in aspects of
human endeavor required the collaboration of
“As chiefs you have the responsibility to help
preserve our lands, as well as all other resources
the good Lord has blessed us with.”
Togbe Afede XIV, President of the House, applauded
the government for its pro-poor policies, and
expressed the hope that it would continue to work
hard to build a more robust and resilient
The meeting had been designed to provide the
platform for the President to explain government
development policies and programmes to the chiefs.
Source - The Finder
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