President Nana Addo Dankwa Akufo-Addo has revealed that Ghana’s economy is the fastest growing economy in the world with GDP at seven (7%) percent per anum.
He made this known during the swearing in of Ministers-designate at the Jubilee House on Friday March 5, 2021.
In a bid to spur the newly sworn-in Ministers to work in the interest of the public that gave his government another term to manage the affairs of the country, the President added more on Ghana’s economic performance. He said: “Ghana has become the Largest recipient of Direct foreign Investment in West Africa.”
He made mention of some measures the government put in place to ensure that the economy thrives. These include value addition and exportation of goods. He said: “we have become a net exporter of foods. We have started adding value to our raw materials.”
In matters of corruption he noted that anti-corruption institutions have been strengthened to fight against the illegality. “We have strengthened the accountability organs of the state to enhance the fight against corruption” he noted.
Regarding health the President noted that the national Health Insurance Scheme has been “revived to facilitate affordable health care for the ordinary people”
He also touched on education where he said the “all our children have been guaranteed the minimum Senior High School education,” referring to the free Senior High School policy that was implemented in his first term.
Concluding his statement on the general performance of the economy and his government, he assured the public of his commitment to steer the affairs of the country towards prosperity. “We are committed ourselves to the rapid Industrialization, modernization and transformation of the economy. We are in the process of putting this nation on the path of sustainable progress and prosperity.”
He urged the ministers to provide leadership that will ensure that the work on which the Government is embarked benefits the progress of our nation and helps raise the living standards of the Ghanaian people.
The overall number of Ministers sworn-in was 28 of the 30 nominees sent to Parliament for vetting and approval on Thursday 21 January 2021.
Mr Ebenezer Kojo Kum, Minister-designate for Chieftaincy and religious affairs and Ken Ofori Atta, Minister-designate for Finance are the two yet to be sworn in.