Veep lists 85 achievements of gov’t despite inheriting ”economy in crisis”

Vice President Dr. Mahamudu Bawumia has outlined some 85 achievements of the Nana Addo led administration.

The second gentleman of the plan said these achievements became possible even in the face of the government inheriting an economy which was in crisis.

“As we look forward to the implementation of the 2021 budget in our second term, it is important that we take note of the accomplishments of the Nana Addo Dankwa Akufo-Addo government in our first term after inheriting an economy in crisis.”

He added: “Notwithstanding these solid achievements, there are still challenges facing the Ghanaian economy and Ghanaians following the impact of the COVID-19 pandemic and I look forward to working with President Akufo-Addo to address these challenges and deliver on his vision to transform and modernize the economy for the benefit of all Ghanaians in our second term.”

Read his the achievements below

Dear Friends,

As we look forward to the implementation of the 2021 budget in our second term, it is important that we take note of the accomplishments of the Nana Addo Dankwa Akufo-Addo government in our first term after inheriting an economy in crisis. Here are some:

1. Inflation has been reduced from 15.4% in 2016 to 10.4% at the
   end of 2020
2. Reduced average lending rates from 32% in 2016 to 21% in
   2020.
3. The average exchange rate depreciation over the last four
   years (7.3%) is the lowest for any first term government since
   1. The year 2020 recorded the lowest rate of depreciation
      in the last 28 years.
4. Cleaned up the mess in the financial sector that we inherited
   and saved the deposits of 4.6 million depositors.
5. Ghana has been consistently one of the fastest growing
   economies in the world for each of the last four years.
   notwithstanding the decline of GDP growth to 0.9% in 2020 as
   a result of COVID-19.
6. For the first time in over two decades, the trade balance (the
   difference between what we export and what we import)
   recorded a surplus for four consecutive years from 2017-
   2020.
7. Ghana’s Gross International Reserves increased from $6.1
   billion (3.5 months of imports) in 2016 to $8.6 billion in 2020
   (4.1 months of imports).
8. Successfully exited the IMF program
9. Ghana’s sovereign credit rating upgraded from B- in 2016 to B
   with a stable outlook. First upgrade in 10 years
10. Planting for Food and Jobs has increased food production. It
    has led to a 71% increase in the national production of maize
    and 34% in paddy rice.
11. The Global Food Security Index, which measures affordability,
    availability and quality of food across 113 countries, placed
    Ghana in 59th position in 2019, up from 78th position in
12. Introduced a pension scheme for cocoa farmers. The first
    such scheme since independence.
13. Established a Tree Crop Development Authority with a focus
    on mango, cashew, rubber, oil palm, shea and coconut.
14. Implemented the One District One Warehouse initiative
15. Implemented One District, One Factory Initiative. In four
    years, 76 companies are in operation under 1D1F.
16. The new Automotive Sector Development Policy has resulted
    in VW, Sinotruk, Kantanka Group, and Nissan all assembling
    vehicles in Ghana.
17. We have established the Ghana Integrated Aluminium
    Development Corporation (GIADEC) and the Ghana
    Integrated Iron and Steel Development Corporation
    (GIISDEC), both of which are progressing steadily in the
    development of these industries.
18. Established the Nation Builders Corps (NABCO). 100,000
    graduates employed
19. Recruited nurses, doctors, and other healthcare workers,
    teachers, police officers, and many others in the public
    sector after many years of employment freeze under the
    previous Government. At least 550,000 public sector
    workers recruited.
20. Import duties reduced by between 30%-50%
21. Lowest average annual increase (8.25%) in petroleum prices
    in the fourth republic
22. Cumulatively, we reduced electricity tariffs for residential,
    business, and industrial consumers during our first term; the
    only government in the fourth republic to do so.
23. The rate of growth of the debt stock has been reduced from
    an average of 243% per annum between 2012-2016 to an
    average of 137% per annum between 2017 and 2020. The
    debt to GDP ratio however increased from 56.8% in 2016 to
    76.1% in 2020 largely as a result of the fiscal impact of
    COVID-19, excess capacity charges and the cost of the
    financial sector clean-up.
24. Restarted the operations of Anglogold Ashanti’s Obuasi
    Mine, the Ghana Publishing Company, WAMCO, as well as
    GhanaPost with attendant job creation.
25. We have enrolled 15.5 million people on the biometric
    National ID card (Ghanacard) scheme.
26. We have implemented a digital address system capturing
    every square inch of land or water in Ghana.
27. Implemented the ground breaking Mobile Money
    interoperability (MMI) project. Ghana is the only country in
    the world that has thus far implemented our version of MMI.
28. Ghana is currently the fastest growing mobile money market
    in Africa. Ghana has 36.9 million registered mobile money
    accounts.
29. Ghana is the first country in the world to implement a
    Universal QR Code payment system that accommodates
    both bank accounts and mobile wallets.
30. We have made it easy for people to renew their national
    health insurance membership on their phones without
    having to spend precious time in long queues.
31. ECG customers can now easily buy pre-paid electricity units
    conveniently from wherever you are from your mobile phone.
32. The online passport application processes are helping many
    people and making it easier to obtain a passport.
33. Digitization at the port, elimination of long room, and
    streamlined inspections and enhanced enforcement has
    made it easier to clear goods and curbed corruption in the
    process.
34. Following digitization at the Scholarship Secretariat,
    everyone is able to apply for scholarship and receive same in
    the comfort of his or her home via online applications.
35. We have digitized our court system through the introduction
    of : o. e-justice system to end the manual filing processes
    o. Ghana Case Tracking System – electronic case tracking –
    o. Electronic case distribution system -fair, equitable and
    transparent distribution of cases
36. We have implemented the digitization of Motor Insurance
    Database. All insurance policies, which now have key
    security features, have been synchronized to a national
    database, which can be accessed simply with any mobile
    phone by the insured, the police, and the public.
37. We have digitized the operations of DVLA and today our
    citizens have a much more convenient and easy way to
    acquire their driver’s license and register their vehicles.
38. We have started automation of our hospitals and we have
    seen efficient and improved service deliveries at hospitals
    that we have implemented this. The goal is to go paperless
    in all hospitals within two years.
39. We have completed the infrastructure to provide free Wifi to
    all 722 senior high schools, the 46 Colleges of Education,
    260 district education offices, and an initial successful pilot
    of 13 public universities.
40. We have developed a one-stop shop for government
    services (Ghana.Gov). The process of on-boarding all
    government institutions is ongoing. On this website you can
    apply for and obtain various government services from
    MMDAs.
41. By making the National ID number the TIN number, we have
    increased the number of people with TIN numbers from
    750,000 in 2016 to 15.5 million
42. By making the National ID number the SSNIT number, we
    have increased the number of people with SSNIT numbers
    from 3 million to 15.5 million
43. The National Health Insurance number is now your
    Ghanacard number
44. The digitization of the births and deaths registry is 80%
    complete
45. Abolished excise duty on petroleum
46. Reduced special petroleum tax rate from 17.5% to 15%.
47. Abolished the 1% Special Import Levy
48. Abolished the 17.5% VAT/NHIL on domestic airline tickets
49. Abolished the 17.5% VAT/NHIL on financial services
50. Abolished the 17.5% VAT/NHIL on selected imported
    medicines, that are not produced locally
51. Abolished the 5% VAT/NHIL on Real Estate sales
52. Abolished import duty on the importation of spare parts.
53. Reduced National Electrification Scheme Levy from 5% to
    3%
54. Reduced Public Lighting Levy from 5% to 2%
55. Introducing a new basic curriculum from kindergarten to
    primary six with a focus on reading, writing, arithmetic and
    creativity (the 4Rs)
56. Government is now paying the examination registration fees
    of BECE and WASSCE candidates
57. Teacher training allowances have been restored
58. Nursing training allowances have been restored
59. Scholarships increased by 70%
60. One Constituency one ambulance policy has been
    implemented.
61. Introduced drones in the delivery of critical medicine,
    vaccines and blood to people in remote parts of the country.
    Ghana has now the largest medical drone delivery service in
    the world.
62. SSNIT pension can now be received within 10 days of
    application
63. President Akufo-Addo’s government has expanded school
    feeding by 78%
64. We have expanded the Livelihood Empowerment Against
    Poverty (LEAP) programme by 53%
65. Doubled the capitation grant
66. Abolished utility bills for tertiary students
67. Abolished the 3-month arrears policy for teachers who had
    worked 2-3 years
68. Abolished the fees for post graduate medical training
69. President Akufo-Addo has also abolished market tolls for
    kayayei
70. Established the Zongo Development Fund to address the
    needs of Zongo and inner city communities.
71. Increased the allowances for peacekeeping soldiers from
    $30 to $35
72. Increased the share of the DACF to persons with disabilities
    by 50%
73. Implementation of our pledge of employing 50% of the
    persons who manage the country’s toll booths from amongst
    Persons with Disabilities.
74. Established the National Entrepreneurship and Innovation
    Progam (NEIP) –
75. Establishing a Ghana Commodities Exchange –
76. Launching a comprehensive Building Code for Ghana for the
    first time- ;
77. Implemented one village one dam and constructed over 400
    dams
78. President Akufo-Addo has also created six new regions to
    help promote decentralized and inclusive development
79. Not a single case of cholera in Ghana in the last four years.
80. The massive investment in water and sanitation facilities in
    many rural and deprived communities by our government
    has resulted in over 5400 communities being declared open
    defecation free (ODF)
81. The largest investment in infrastructure (roads, railways,
    schools, etc.) for any first term government in the fourth
    republic (www.deliverytracker.gov.gh)
82. Improved the financing of governance and anti-corruption
    MDAs like the Ministry of Justice and Office of the Attorney
    General, NCCE, CHRAJ, EOCO etc.
83. World class leadership demonstrated by President Akufo-
    Addo in the management of COVID-19. Notwithstanding the
    impact of COVID-19, inflation, interest rates and exchange
    rate depreciation are much lower today than they were in
    2016!
84. Long running chieftaincy dispute in Dagbon has been solved
    against all odds.
85. Implemented Free Senior High School and Free TVET
    education

Notwithstanding these solid achievements, there are still challenges facing the Ghanaian economy and Ghanaians following the impact of the COVID-19 pandemic and I look forward to working with President Akufo-Addo to address these challenges and deliver on his vision to transform and modernize the economy for the benefit of all Ghanaians in our second term.

By: Rainbowradioonline.com