Connect with us

Hot!

Economy will rebound sooner rather than later – Akufo-Addo

Published

on

President Akufo-Addo has assured that the policies being implemented by government, in the wake of the difficulties occasioned by the Covid-19 pandemic, will help the economy rebound faster than anticipated.

Acknowledging the difficult times the nation is going through, President Akufo-Addo noted that every country on the face of the planet is going through challenges brought forth largely by the pandemic of Covid-19.

“Ghana is not the only country faced with extraordinary increases in global freight rates, strong inflationary pressures, dramatically rising fuel prices, unprecedented volatility of stock markets, and tighter global financing conditions. These are global phenomena,” he said.

Economy will rebound sooner rather than later - Akufo-Addo

The President continued, “Nonetheless, Government continues to work hard to address these issues, and I am certain that, sooner, rather than later, our economy, through the implementation of Government’s one hundred-billion-cedi (GH¢100 billion) Ghana CARES Obaatanpa Programme, will rebound from the ravages of the pandemic, bringing in its wake stability, development, progress and prosperity for all Ghanaians.”

Economy will rebound sooner rather than later - Akufo-Addo

Speaking at the 92nd Speech and Prize-Giving Day of St. Augustine’s College in Cape Coast, on Saturday, 19th March, 2021, President Akufo-Addo noted that the Ghanaian economy grew at a provisional 5.2% in the first three quarters of 2021, with GDP growth for 2021 projected at 5.6%, as against the 0.4% of 2020.

Economy will rebound sooner rather than later - Akufo-Addo
#

“We need to undertake the difficult but necessary fiscal and other measures that will enable us to maintain the 2021 and higher rates of growth in the immediate years ahead of us, to develop and strengthen our economy, and help improve the living standards of us all,” he added.

Economy will rebound sooner rather than later - Akufo-Addo

Touching on the country’s democratic credentials, President Akufo-Addo noted that the Ghanaian people, for these last 29 years of the 4th Republic, have reposed their trust in the democratic process as the avenue to resolve the myriad of problems the country faces, and have demonstrated their determination to uphold democratic values and institutions to bring development to the nation.

Economy will rebound sooner rather than later - Akufo-Addo

“There are a few, though, whom I have characterised as “restless spirits”, who are not prepared to allow you to complete your education in conditions of calm, peace and stability, and who seek constant turbulence in the governance of the state. This has led, lately, to some irresponsible utterances about coups as panaceas to our problems,” he said.

He continued, “I have said, and will use this platform to repeat that coups have never been, and will never be durable solutions to the political, economic and security challenges confronting our nation and continent.”

Advertisement
Economy will rebound sooner rather than later - Akufo-Addo

The President was confident that the great majority of Ghanaians, who are committed to democratic values and democratic institutions, “will continue to resist the rhetoric and advances of coup mongers and coup plotters, and those of us who have the responsibility to safeguard the integrity of the state will employ all legitimate means in a democracy to preserve our free, open system of governance, which is respectful of human rights, the rule of law and the principles of democratic accountability.”

Source: Jubilee House Communications

Continue Reading
Advertisement

Hot!

Dennis Miracles Aboagye criticises NDC’s “no fee stress policy” implementation

Published

on

The spokesperson for Dr. Bawumia, Dennis Miracles Aboagye, has criticised the implementation of the NDC government’s No Fee Stress policy, arguing that the programme has failed to deliver on its core promise.

According to him on Starr fm, the policy, which was introduced to ensure stress free payment of fees for level 100 tertiary students, has rather turned into what he described as post stress support.

He explained that students are required to pay their fees first before applying for reimbursement, a situation he believes defeats the purpose of the policy.

He questioned claims by government officials that the policy has been successful and that citizens are happy.

Advertisement

In his view, such claims do not reflect the lived realities of many Ghanaians. He stressed that while some people may appear satisfied, many others continue to struggle.

Dennis Miracles Aboagye pointed to the situation of trained teachers and nurses who have been picketing for nearly six months, demanding employment.

He noted that government responses suggesting it cannot accommodate all of them contradict claims of economic stability.

He further argued that economic indicators such as a stable currency mean little to people who are unable to secure jobs or access promised support.

Advertisement

He observed that telling an unemployed teacher or a struggling student that the cedi has strengthened does not address their immediate challenges.

On the issue of tertiary education, he maintained that no level 100 student benefited from stress free fees in 2025, despite the policy being announced.

He added that in 2026, students have already reported to school without receiving the promised support.

He insisted that asking students to pay fees first and seek reimbursement later amounts to support after hardship, not stress free education.

Advertisement

According to him, this approach goes against what was promised during the policy announcement.

Dennis Miracles Aboagye questioned why a government that presents the economy as strong is unable to fulfil what he described as simple and clear promises.

He added that there is a fundamental problem with the way the economy is being managed and indicated that he is prepared to explain his position further.

By: Jacob Aggrey

Advertisement
Continue Reading

Hot!

Shatta Wale speaks out after apology from media commentator

Published

on

Dancehall musician Shatta Wale has issued a strong public statement calling for an end to what he describes as continuous attacks on his brand, following an apology from media commentator Awal Mohammed.

In the statement, Shatta Wale acknowledged the apology but stressed that persistent criticism and what he sees as deliberate attempts to damage his image must stop.

He noted that for many years, he has spoken for the streets, the youth, and people who feel ignored by society, while also promoting Ghana on the global stage and creating jobs through his work.

He expressed concern that some media personalities, commentators, and influential figures continue to target his name unfairly.

Advertisement

According to him, the issue goes beyond music and touches on respect, fairness, and national maturity.

The musician warned that continued disrespect toward voices that represent ordinary people could have wider consequences.

He emphasised that the Shatta Movement remains strong and organized, and that the patience of the masses should not be taken for granted.

He added that if systems continue to fail the people, they have the ability to organize politically through numbers and truth, not violence or hate.

Advertisement

Shatta Wale clarified that his message was not a threat but a reminder of reality, stressing that attacking a symbol that represents millions of people can have social, cultural, and democratic effects.

He called for respect, fairness, and unity, saying the voice of the people will always rise.

The statement comes after Awal Mohammed recently described Shatta Wale fans during a public discussion as junkies.

The comments triggered backlash from fans of the musician, prompting Awal to later issue an apology.

Advertisement

By: Jacob Aggrey

Continue Reading
Advertisement

Trending