- The Vice President, Dr. Mahamudu Bawumia, has noted that Ghana's economy has experienced progress in various sectors
- He added that the government has stabilised the cedi, reduced inflation, reduced interest rate and increased growth
- Dr. Bawumia also stated that the government has reduced unemployment, reduced challenges people face in terms of paying for electricity and created several jobs
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The Vice President, Dr. Mahamudu Bawumia, has argued that the Akufo-Addo-led government has performed better in several areas.
According to him, the government has successfully stabilized the cedi despite the shocks from COVID-19.
YEN.com.gh understands that the coronavirus compelled some offshore investors to get off the country’s bonds.
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Per a report by myjoyonline.com, demand for traditional exports has also faced a decline but the cedi has remained fairly stable.
This, according to Dr. Bawumia, could be attributed to the strategies implemented in the management of the economy.
The Vice President went on to say that the government has arrested the depreciation of the cedi as it has been 50% less than the previous rates.
He added that the government has also reduced inflation, reduced the interest rate, increased growth, reduced unemployment, reduced challenges people face in terms of paying for electricity and created several jobs.
Dr. Bawumia further added that the government is excited about the progress made and is ready to fight on the record of what we have achieved across the board.
In other news, Dr. Bawumia has predicted a growth in Ghana’s economy after the COVID-19 pandemic.
He indicated that the country would work hard to ensure self-reliance after in the future.
According to him, a number of policies implemented by the government would play key roles in Ghana’s economic transformation after COVID-19.
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