The Finance Minister, Ken Ofori-Atta, has reaffirmed Ghana’s commitment to achieving economic stability, citing notable progress in key macroeconomic indicators.
Speaking at the signing of two financing agreements aimed at advancing sustainable development between the Ghanaian government and the European Union, Mr. Ofori-Atta emphasized that the collaboration would play a pivotal role in accelerating Ghana’s development agenda.
On his part, the European Union Ambassador to Ghana, His Excellency Irchad Razaaly, assured of deepened collaboration between the EU and Ghana in the areas of growing agribusiness, financial management, and private sector development.
On October 22, Cabinet approved further economic measures to sustain Ghana’s progress towards economic recovery.
The decision was aimed at further consolidating the stability of growth and tightening spending.
President Nana Addo Dankwa Akufo-Addo and his Cabinet began a three-day retreat on October 20 to deliberate on the country’s economy and the humanitarian crisis that has hit many parts of Lower Volta following the spillage of the Akosombo and Kpong dams.
The retreat comes on the heels of the International Monetary Fund’s approval of the next tranche of $600 million in balance of payment support for Ghana after reaching a staff-level agreement.
Ken Ofori-Atta advocates govt’s attaining economy firmness
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