Ken Ofori-Atta, the Minister of Finance, has assured that Ghana’s economic recovery journey will be swift.
According to him, the Akufo-Addo-led government is committed to restoring the economic fortunes of the country in the shortest possible time.
Speaking at a gathering of industry experts, policymakers, and international partners at the MTN Group’s 2023 Capital Market Day (CMD), a two-day event designed to foster dialogue with players within the financial community in Johannesburg, South Africa, Mr Ofori-Atta expressed the government’s determination to revitalize the economy securing a prosperous future for all Ghanaians.
In his speech, the Minister acknowledged the devastating effects of the novel coronavirus pandemic and the Russia-Ukraine war on the Ghanaian economy necessitating a return to the International Monetary Fund (IMF) for a $3 billion bailout package.
Despite these challenges, he stressed that the government remained resolute and was implementing measures to navigate through the difficulties and restore economic stability.
“We will establish a conducive environment for businesses to thrive, generate employment opportunities, and drive economic growth.”
“We will maintain responsible fiscal policies, improve revenue generation, and prioritize the efficient allocation of resources. These measures will ensure that our economic revival efforts are sustainable in the long run.”
“We understand the hardships our citizens are facing, and we empathize with their concerns. That is why we are leaving no stone unturned in our efforts to expedite the recovery process,” he assured.
