Chairman of the Finance Committee of Parliament and Member of Parliament for Okaikwei Central, Mr. Patrick Boamah, says the country is speedily recovering from its economic challenges.
He said the country has gone through some challenges, but the ruling New Patriotic Party (NPP) has put in place measures that have yielded positive results.
He asserted that we “have gone through the fire” and are making significant progress following the prudent measures adopted by the government.
Speaking on Frontline on Rainbow Radio 87.5FM, he noted that Ghana’s economic prospects remain promising, and this has also been affirmed by the International Monetary Fund (IMF).
He said that despite facing various economic challenges, including high debt levels, double-digit inflation rates, and currency volatility post-COVID-19, the government has chalked up successes in restoring the economy back on track.
“We are currently under an IMF programme, and they have given us some benchmarks to meet, and by their assessment, we have been able to meet these benchmarks. Per their reviews, economic prospects remain promising. There was a projection of a growth rate of 3.1%. However, it has been reviewed at 4.5%. It means that we are making progress. I am not saying we are out of the woods yet. But we have made significant progress. There is progress. That is why we’re appealing to Ghanaians to trust us and believe in our efforts. We are facing challenges, but we are making progress. We have gone through fire, and by God’s grace, we have made progress. So we appeal to Ghanaians to trust in our competence to do better,” he told Kwabena Agyapong on Frontline on Rainbow Radio 87.5 FM.
Meanwhile, he has expressed his willingness to discharge his duty as the new chair of the Finance Committee of Parliament.
He noted that one does not necessarily need to be an extreme economist or a finance person to chair the committee, but with a demonstration of leadership, one can manage the committee and store its affairs.
By: Rainbowradioonline.com/Ghana