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COVID-19: Ghana’s economy rising faster than expected – Prez Nana Addo

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Don’t criticize gov’t for borrowing amid COVID-19 -Economist to Ghanaians

Don’t criticize gov’t for borrowing amid COVID-19 -Economist to Ghanaians

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President Nana Addo Dankwa Akufo-Addo has said that Ghana can boast of a steadily robust economy despite the effects that the Coronavirus pandemic has presented.

In his eighteenth address on measures taken against the COVID-19 pandemic, the President said: “On the economic front, according to the Bank of Ghana, the Ghanaian economy is recovering faster than initially anticipated.

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Consumer confidence is bouncing back strongly, and is today above pre-lockdown levels. Business confidence has also increased, reflecting the improving macroeconomic conditions, stability in the exchange rate, lower input prices, moderation in lending rates, and positive industry prospects”.

Meanwhile, President Nana Addo has expressed that he is impressed with the collective efforts of Ghanaians in helping to combat the pandemic no matter their political affiliation.

He encouraged, “It is important that we maintain this positive outlook in the management of our country’s COVID-19 cases especially in the build-up to the December 7 Presidential and parliamentary elections”.

President Nana Addo Dankwa Akufo-Addo, however, warned that Ghanaians should continue to “observe the protocols that have brought us where we are”.

By: Alberta Dorcas N D Armah

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