Prime News Ghana

Ghana's economy is very strong - Osafo Maafo

By Kwasi Adu
Yaw Osafo Marfo
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Yaw Osafo-Maafo, the senior minister-designate, has described the Ghanaian economy as very strong.

Mr Osafo-Maafo made the comment on Friday when he appeared before the appointments committee of parliament for his vetting.

He said the Ghanaian economy was strong because it had several sources of revenue that could support the country's development effort.

He said the government was optimistic that the state of the economy would support the implementation of the plans in its manifesto.

Mr Osafo-Maafo noted that it Ghana's inability to properly manage its revenue that was stifling its development and creating hardship in the country.

He, therefore, stressed the commitment of the government to properly managing Ghana's revenue and blocking loopholes that cause revenue leakages.

Mr Osafo-Maafo, a former Finance minister, said his main task in government would be to coordinate the various economic ministries.

"I’m playing a coordinated role for the economic sector as it were. The economic sector relates to the other ministries, so, naturally my experience will be brought to bear on my colleagues to make sure that we resuscitate the economy in a very homogenised manner so that there will be harmony,” he said.

He said the government would also review Ghana's $940 million with the IMF.

 

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