Vice President Mahamudu Bawumia, has said virtually all the economic indicators are posting positive results – a stable macro-economic environment to support an inclusive transformation agenda to ensure social equity.
The performance of the fundamentals, including the inflation rate, gross debts, Gross Domestic Product (GDP) growth, he said, were comparatively better under the current Administration than under the previous National Democratic Congress (NDC).
Giving the rates of the performance of the cedi over those two periods, the Vice President who was addressing a Town Hall on the economy, said: “The worst performance of the cedi so far, is better the best under the NDC”.
Vice
President Bawumia who chairs the Economic Management Team among others stated that
“next
week government is starting the $2 billion infrastructure development which
includes the president cutting sod for the
first interchange in the three northern regions which will be the Tamale
Interchange.”
He added that “$1.5 billion of this money is going into roads and the roads
will be across all 16 regions of Ghana.”
The maiden Town Hall meeting was to enable the Economic Management Team (EMT) to answer questions on the performance of the economy from representatives of civil society organisations, academia and members of the public.
The economic management team include the Senior Minister, Yaw Osafo-Maafo, Energy Minister; John Peter Amewu, Ken Ofori-Atta, the Finance Minister; Alan Kwadwo Kyerematen, Minister of Trade and Industry; the Minister of Food and Agriculture; Dr Owusu Afriyie Akoto, Professor George Gyan-Baffour, Minister of Planning; and Dr Anthony Akoto Osei, Minister of Monitoring and Evaluation.
It was held under the theme: “Our Progress, Our Status, Our Future”.
Source: Diamondfmonline.com/ Nelson