The Minister of Finance, Ken Ofori Attah, says the President Akufo-Addo government has eased the burdens of Ghanaians since coming into office.
Mr Ofori-Atta told parliament on Thursday that the NPP government inherited an economy in distress after the 2016 general elections but prudently utilized the limited resources over the last 18 months to stabilize the economy.
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“We have prudently utilised the very limited resources over the last 18 months to stabilize the economy and ease the people’s burden, which has resulted in real money in their pockets,” he said.
“On the socio-economic front, the Akufo Addo government has eased the burdens of Ghanaians and has invested in the education of our children”.
He said government managed to bring the IMF back on track after taking over in 2017, explaining that after one year, the IMF said growth had rebounded and fiscal deficit had declined.
“Government inherited an economy in distress after the 2016 general elections but we managed to bring the IMF program back on track after a year in office.
“The government managed to bring the IMF programme back on track. After one year, the IMF said growth had rebounded and fiscal deficit had declined”, he noted.
According to the Finance Minister, despite the strong fundamentals, the country has seen the cedi come under pressure primarily due to external factors but added that the performance of the cedi in the last 18 months under the Akufo-Addo government has been impressive.