I’ll bring inflation down to single digit within 2-3 years – Alan K

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Former Minister of Trade and Industry Alan Kwadwo Kyerematen says his Great Transformational Plan (GTP) would be a blueprint that could transform the economy of Ghana.

He stated, for instance, that within a matter of 2 to 3 years, inflation could be brought down to a single digit.

Mr Kyerematen was speaking in an exclusive interview on TV3‘s morning show New Day on Wednesday, September 27.

Ghana’s current inflation is at 40.1 percent from the 43.1 percent recorded in July.

The economy took a jolt as a result of the effects of the coronavirus pandemic in 2020.

There are policies rolled out by the government to get the economy back on track.

The Ghana Covid-19 Alleviation and Revitalisation of Enterprises Support (CARES) Obatampa Programme was introduced to boost businesses.

In its wake came the Post-Covid Economic Recovery Programme (PCERP) and Post-Covid-19 Programme for Economic Growth (PC-PEG).

But Mr Kyerematen said the Finance Minister, Ken Ofori-Atta, has not presented any credible programme to get Ghana out of the economic crisis.

He insists that his plan would turn around the economy within a couple of years.

“If people were going to listen to me and read my blue print, they will vote for me,” he said.

For him, “if we get the private sector and the business community working, we are good to go”.