President Nana Addo Dankwa Akufo-Addo has disclosed that his administration have restored fiscal discipline to the Ghanaian economy which will help the developmental agenda of the country.
Delivering the keynote address at the 61st-anniversary celebration of the country under the theme “Ghana Beyond Aid†on the 6th of March 2018, President Akufo-Addo said:
“Fiscal discipline has been restored and fiscal consolidation has taken hold. For the first time since 2006, the government of Ghana has been able to meet its fiscal deficit target. We will continue to manage the economy in a disciplined and sound framework so that we maintain fiscal and debt sustainability. This, in the long run, is fundamental to moving Beyond Aid.â€
“Fellow Ghanaians, we have started on the right path with the concrete steps we are taking to restore macroeconomic stability and economic growth. After a year of disciplined and innovative economic management, the results have been remarkable,†President Akufo-Addo added.
President Akufo-Addo on Ghana beyond aid
On how to achieve an economy beyond aid, President Akufo-Addo said we will have to effectively harness our own resources and creatively and efficiently deploy them for rapid economic and social transformation.
According to him, this will require hard work, enterprise, creativity, and a consistent fight against corruption in public life. It will also require that we break from a mentality of dependency and adopt a confident can-do spirit.
"Ghana Beyond Aid is not a pie in the sky notion, other countries, including some of our peers at independence, have done exactly that. It is doable and we must believe that what others, with fewer resources, have done, we can do.."
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