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The way Ghanaians celebrated the Christmas season has proven that the economy has recovered – Majority Leader

February 7, 2024
Majority-Leader-Mr-Osei-Kyei-Mensah-Bonsu

The Majority Leader and Minister of Parliamentary Affairs, Osei Kyei-Mensah-Bonsu, has argued Ghana has indeed turned the corner.

He said the economy has taken shape despite its challenges.

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The efforts deployed by the government to address these challenges, he noted, are yielding positive results.

He said this while presenting the business statement and the programme schedule of the House for the week on Tuesday, February 6, 2024.

Mr. Kyei-Mensah-Bonsu, MP, Suame, said the point he raised has been affirmed by the assessments done by the World Bank and the International Monetary Fund.

He also claimed the recovery of the economy was much felt during the Christmas holidays when Ghanaians came out in their numbers to celebrate with optimism and assurances of a robust economy.

The Christmas festivities and their accompanying celebrations, according to him, have finally put to rest the debate about the turning of the corner of our economy, which was reiterated by the International Monetary Fund and the World Bank.

He said, per the assessment of these institutions, the economy has entered a full recovery state with all the macroeconomic indicators pointing in a positive direction.

To him, it was against this backdrop that the World Bank has committed over $300 million to help strengthen macroeconomic stability and resilient economic growth.

He added that it was based on this same assessment that the IMF released the second tranche of our bailout.

By: Rashid Obodai Provencal/Rainbowradioonline.com/Ghana

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