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We will overcome current economic challenges – Prez Akufo-Addo assures Ghanaians

by Newsroom
2 May 2023
in News
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We will overcome current economic challenges – Prez Akufo-Addo assures Ghanaians
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President Nana Addo Dankwa Akufo-Addo has assured Ghanaians that his administration is putting in great effort to tackle the current economic crisis.

Speaking to laborers on the occasion of this year’s May Day festivities in Bolgatanga, the President statedthat his government is diligently cooperating with the International Monetary Fund (IMF) in order to obtain board approval for Ghana’s $3 billion bailout request, which will provide respite to the people of Ghana.

“We continue to work tirelessly to complete all prior actions required to present Ghana’s request to the IMF’s integrity board for approval. We have also made substantial progress on the debt exchange programme as well as our engagements with bilateral creditors to secure the financing required for the IMF programme,” President Akufo-Addo said.

The government is seeking $3 billion in support from the IMF to address the country’s economic challenges.

Furthermore, President Akufo-Addo has given his assurance that his administration will work diligently to bring an end to the long-standing Bawku ethnic conflict before the end of his tenure.

The President emphasized that achieving lasting peace in the region remains his topmost priority as the leader of the country.

“I want to assure you, and the nation at large, that there is no higher priority for government on the agenda of national security than the resolution of the Bawku conflict.”

“Nothing will give me greater pleasure, in the concluding days of my presidency, than to help bring lasting peace to Bawku. May God grant me the wsidom to achieve that outcome,” he said.

Tags: BolgatangaMay DayPresident Akufo-Addo
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