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Ghana’s economy projected to exceed GH¢1 trillion in 2024 – Ofori-Atta

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Ghana’s economy is anticipated to surpass GH¢1 trillion in 2024, according to the Finance Minister, Ken Ofori-Atta.
He revealed that, during President Akufo-Addo’s final year in office, the country’s economic value is projected to escalate from GH¢219.5 billion in 2016 to the historic milestone of GH¢1 trillion.
Addressing parliament on Wednesday, Ofori-Atta emphasized the significance of the 2024 Budget, stating, “Mr. Speaker, the 2024 Budget is even more significant because we will cross the GH¢1 trillion Gross Domestic Product (GDP) mark for the first time in our economic history. Let me repeat, Mr. Speaker, Ghana’s economy under President Akufo-Addo’s final year in office is projected to be valued at over GH¢1 trillion in 2024 from GH¢219.5 billion in 2016.
“Mr. Speaker, with such a milestone ahead of us, the Government is protecting, at all cost, the foundation for sustained economic expansion. A foundation that has been achieved through the sweat and patience of the Ghanaian people. We pledge to protect this for all our people and especially for private sector growth. And we shall do so by ensuring that the enabling factors are in place and accessible to all.
“These will include reliable energy supply, stable Cedi, lower inflation and lower interest rate regimes, access to private sector credit, infrastructure provision, food security, national security, and inter-continental market linkages through increasing active platforms such as the AfCFTA.”
The Finance Minister also shared that the government has allocated GH¢220 million to support the relief phase for communities affected by the Akosombo spillage and floods in the Oti, Savannah, and Bono-East Regions.
He outlined plans for the restoration phase, where additional resources from the Ministry of Agriculture would aid in rebuilding livelihoods.
In response to the crises, Ofori-Atta highlighted proactive measures, stating, “Mr. Speaker, the Government has budgeted an amount of GH¢220 million to support the relief phase for the communities affected by the Akosombo spillage as well as floods upstream in the Oti, Savannah, and Bono-East Regions. For the restoration phase, the Government through the Ministry of Agriculture will allocate additional resources to support the restoration of livelihoods.
“In addition, after the visit, the Ministry of Finance was quickened to respond. We have requested funding from the World Bank under the IDA Crisis Response Window (CRW) to support the resettlement of the victims, restoration of livelihoods, compensation and reconstruction of infrastructure in the affected communities.”
Source: Citinewsroom.com
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Kampakuya Naa Yakubu enskinned Dagbon Regent

The Dagbon Kingdom on Friday witnessed another defining moment in its centuries-old history as Kampakuya Naa Yakubu was formally enskinned as Regent following the passing of the Overlord of Dagbon, Ndan Ya-Na Abukari II.
The traditional ceremony, steeped in the customs and heritage of the Dagomba people, took place at the historic Gbewaa Palace in Yendi in an atmosphere of grief, reverence and hope.
In attendance was President John Dramani Mahama, who in his tribute described the late Overlord as a distinguished traditional ruler whose leadership strengthened peace, unity and development in Dagbon.


Former Vice President Dr Mahamudu Bawumia also conveyed his condolences to the people of Dagbon.
Also in attendance were chiefs, queen mothers, elders, royal family members, religious leaders and thousands of mourners gathered to witness the installation.
The enskinment of the Kampakuya Naa as Regent is one of the most significant stages in the transition of leadership in the Dagbon Kingdom. It ensures continuity of authority and the preservation of the kingdom’s customs until a substantive Ya-Na is selected by the kingmakers in accordance with Dagbon tradition.
Friday’s ceremony reflected the resilience of one of Ghana’s oldest traditional kingdoms, where centuries-old customs continue to guide leadership transitions with dignity and order.
The late Ya-Na, Ndan Abukari II, who ascended the skin in 2019, is widely remembered for consolidating peace, unity and reconciliation in Dagbon following years of chieftaincy disputes.
Throughout Yendi, the mood remained solemn as residents lined the streets while traditional drumming, chanting and customary rites echoed through the ancient capital. Men, women and children, mostly dressed in black, paid their respects to a monarch whose reign restored confidence in the kingdom’s future.
The installation of Kampakuya Naa Yakubu as Regent now places upon him the sacred responsibility of overseeing the affairs of Dagbon during the mourning period while ensuring that the customs and traditions of the kingdom are faithfully upheld ahead of the enskinment.
After a successful enskinment, attention now turns to the traditional processes that will eventually culminate in the selection and enskinment of a new Overlord. Until then, the Regent will serve as the custodian of the Dagbon Kingdom, ensuring that the customs, authority and dignity of one of Africa’s oldest traditional kingdoms remain intact.
From Geoffrey Buta, Yendi
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GHS, UNICEF train 100 health workers as Safety Net Intervention expands in C/R
The Ghana Health Service, with UNICEF support, has trained 100 healthcare providers on adolescent-friendly maternal healthcare services as it expands its Safety Net Intervention programme to 44 additional health facilities in the Central Region.
The one-day training, held in two sessions, equipped midwives, community health nurses, health information officers and district focal persons with the knowledge and practical skills needed to implement the initiative effectively and improve pregnancy outcomes among pregnant adolescents.
The Safety Net Intervention is a special initiative that seeks to address health and social challenges associated with adolescent pregnancy with a comprehensive service including antenatal and postnatal care, skilled delivery services, postpartum family planning, home visits and connections to education and social support services.
By this intervention, the GHS and UNCEF are seeking to mitigate the incidence of adolescent pregnancy, maternal deaths among adolescent girls, neonatal deaths among babies born to adolescent mothers, and child marriage.
They are also seeking increased uptake of postpartum family planning among adolescent mothers and improved educational continuity and economic resilience for adolescent girls.
Mrs Emma Delali Foli, the Central Regional Focal Person for the Safety Net Intervention, explained that pregnant adolescents often faced heightened health risks and limited social support, highlighting the need for specialised healthcare and social interventions.
She said the intervention was introduced in six districts in the Central Region in 2020 and had expanded steadily over the years to 16 of the region’s 22 districts.
Following the addition of the 44 new facilities, the programme was now being implemented in 176 health facilities, with a goal of covering all 22 districts in the short possible time, she added.
Mrs Foli noted that since its introduction, the programme had benefited more than 5,000 pregnant adolescents in the Central Region, while strengthening collaboration with institutions such as the Department of Social Welfare, the Ghana Education Service, the National Youth Authority and the Domestic Violence and Victim Support Unit (DOVVSU).
The intervention, she said, had also contributed to increased uptake of postpartum family planning, stronger referral systems, greater access to social protection services and enhanced involvement of caregivers throughout pregnancy and childbirth.
Mrs Foli indicated that the newly trained health workers were expected to replicate the training at their respective facilities to ensure that other members of the healthcare team were adequately equipped to implement the intervention.
“This is new to them and so they have been trained on the concepts, objectives and goals of the Safety Net Intervention. The components of the intervention, as well as the importance of documentation and reporting, have also been emphasised,” she said.-GNA
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