“We are more than convinced that the future can only be bright and we keep higher hopes. We can only thank God Almighty for how far he has brought us as a nation. ” Vice President Bawumia, who was giving an overview of the Nana Akufo-Addo government’s performance to the Ghanaian community in Lebanon on Tuesday as part of a three-day visit, said the administration would continue to think outside the box to make Ghana an example to the rest of the continent. The Vice President is in Lebanon to witness the award of United Nations Medals to Ghana’s contingent attached to the United Nations Interim Force in Lebanon (UNIFIL), the first time the President or Vice President of Ghana has visited Ghanaian troops in Lebanon, although Ghana has supported UNIFIL with troops since the inception of the mission 40 years ago. Vice President Bawumia cited the gains made in the macro economy, including an increase in the size of the Ghanaian economy from 3.7% in 2016 to 8.5% in 2017; a decline in inflation from 15.4% in 2016 to 11.8% in 2017 and now standing in single digits at 9.5%; as well as a decline in the debt to GDP ratio from 73.1% in 2016 to about 55% following the rebasing of the economy, as evidence of government’s firm grip on the economic management wheel. Dr. Bawumia stated, among others, that such macroeconomic improvements led to the upgrading of Ghana’s credit rating for the first time in ten years from B minus to B with positive outlook by Standard and Poors, a global ratings agency. “My assurances to you all and all Ghanaians are that your economy is in competent hands and there is more to come under the visionary leadership of Nana Addo Dankwa Akufo Addo.” He continued: “Today, Dumsor is not killing people’s businesses. Unemployed graduates are being employed under a special vehicle called NABCO. Nursing and Teacher trainee allowances have been restored. Government is paying the registration fees for BECE candidates. Parents are not paying for senior high school fees. Electricity tariffs have been reduced for both business and individual use. “These are things that did not exist before we came into government and, if we had not addressed them they were going to compound the hardships on Ghanaians.” Ghana, Vice President Bawumia indicated, is on the rise again, and urged Ghanaians domiciled abroad to contribute their quota to the success story. Source: Office of Vice President
Ghana is on the rise again – Bawumia tells Ghanaians in Lebanon
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Emmanuel Kwame Amoh is an Online Editor with the current affairs team at Media General, operators of TV3 Ghana, editors.3news.com and more. Email: emmanuel.amoh@editors.3news.com