President Nana Addo Dankwa Akufo-Addo has dismissed allegations that Ghana’s economy is struggling, affirming that the country’s financial reserves remain strong as his administration prepares to hand over power.
Speaking during a public engagement, President Akufo-Addo refuted claims of economic mismanagement, highlighting his government’s commitment to maintaining fiscal discipline and fostering economic growth.
“The nation is not bankrupt, despite what some propagandists are pushing. We are leaving behind gross international reserves of nearly 8 billion U.S. dollars,” the President stated.
He further contrasted this figure with the reserves inherited when his administration took office in 2017. “This is significantly higher than the 6.2 billion U.S. dollars in gross international reserves we inherited,” he noted.
President Akufo-Addo urged critics to prioritize factual data over unfounded claims, saying, “Statistics will always outlast the noise, and I will continue to highlight the data regardless of the level of criticism.”
His remarks come amid ongoing debates surrounding Ghana’s economic state, with opposition parties and analysts expressing concerns about the nation’s rising debt and fiscal challenges following John Dramani Mahama’s victory in the December 7 elections.
Source: MyABCLive.com, adapted from Adomonline.com
