Akufo-Addo approves ‘far-reaching measures’ in efforts to recover economy

The Ministry of Information has announced that the just-ended Cabinet retreat held between Thursday, March 17 and Sunday, March 20 has seen tough decisions approved by President Nana Addo Dankwa Akufo-Addo.

The decisions are set to be announced by the Minister of Finance later this week after meeting key social and economic stakeholders.

They are to ensure a turnaround for the economy.

Among the decisions is President Akufo-Addo approving a number of far-reaching measures aimed at mitigating the depreciation of the Cedi, ensuring expenditure discipline and providing relief in the face of global fuel price hikes and inflation as well as ensuring that priority programmes meant to grow he economy are protected, the Ministry said in a press release on Monday, March 21.

3news.com also gathered the retreat agreed on reopening the country’s land borders within two weeks subject to meeting all protocols.

Source: 3news.com|Ghana

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