President Nana Akufo-Addo is optimistic the government has demonstrated much commitment towards developing Ghana’s economy which makes their economic statistics not mere statistics.
According to him, his government was left with the slowest growing economy in 2016 under 3.6% which had lasted over a decade coupled with big fiscal deficit and inflation rate.
“Our economy is projected as one of the fastest growing economies in the world and over the last three years, it has been rated at 3.6%,” he said.
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Addressing the press on Friday at the 2nd edition of the Encounter with the Press, President Akufo-Addo said “people are talking about the micro statistics but they are not just mere data but statistics that have significance in the lives of the people and reflect in what happens in the pockets of people and their standards of living,” he said.
According to him, there has been a significant improvement in the inflation rate and fiscal statistics they inherited from their predecessor.
“The opening up of the space we are looking for is beginning to take place because the expansion of the micro economics is in the right place and as at now, we have a positive current account,” he added.