SoNA: My Government Has Stabilized The Economy – Akufo-Addo

SoNA: My Government Has Stabilized The Economy – Akufo-Addo

President Nana Addo Dankwa Akufo-Addo has told Ghana’s parliament that his administration has stabilized the Ghanaian economy.

Presenting his last State of the Nation Address (SoNA) in his first term on Tuesday January 5, Mr Akufo-Addo explained that his government inherited a difficult economy after the 2016 elections.

However, he said ”We have been able to stabilize the economy, restored confidence in economy.”

“The economy has been fairly stabilized,” he stressed.

He mentioned Ghana’s exit from the International Monetary Fund (IMF) bailout programme entered into by the Mahama administration as one of the indicators of a buoyant economy he has built.

He mentioned “Single digit inflation, relatively stable exchange rate, three consecutive years of trade de surplus, reduced lending rates” and others as some of the indications that he has built a strong economy.

 

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